The application is submitted for a computer drawing. In addition, if not accepted, the application receives preference for the drawing the following year. There are several camp grounds around the lake, as well as several places that offer food and lodging. In the summer months, Georgetown offers such actvities as jet skiing, boating, water skiing, and fishing. Although only Rainbow Trout are planted today, the lake is home to Rainbow Trout, Brook Trout, and Silver Salmon.
Ice fishing is a very popular winter sport at Georgetown.
The lake is a winter fisherman's paradise with tents, huts, and fishermen dotting the surface of the lake from about December through March. The lake, which is adjacent to Discovery Ski Basin, is also home to some excellent snowmobiling, cross-country skiing, and an annual sled dog race.