Theppotsava is a floating festival organised each year when lake Kolarammana Kere overflows. Lake Kolarammana Kere is in the heart of the Kolar district, near the . Theppotsava is also celebrated in almost all the towns and villages of Karnataka with a standing body of water. It is a major festival in many villages and towns because it indicates good rains and harvest season. It's a way of expressing gratitude to the rain gods and in general to the lake for holding the water which is very precious in water-scarce regions.