The city hosts two main annual events, Sheridan Hometown Days and the Mud Drags. Hometown Days takes place over a weekend each June and includes a parade. Most events are held at the high school and includes carnival type activities and rides. The Mud Drags are held in early June and sponsored by the local Rotary International group. Competitors race vehicles through the mud to win prize money. The event draws crowds of 4,000 and includes a children's race through the mud.