After the fish is entered into the spawning program with Texas Parks and Wildlife:

"the fish will be returned to the angler for live release, or the angler may donate it permanently to the program. Either way, the angler receives a fiberglass replica of the catch made by Lake Fork Taxidermy, ShareLunker clothing, and recognition at an annual awards banquet held at TFFC. In addition, the Texas resident catching the largest entry of the season is awarded a lifetime fishing license."