Join Mardi Gras lovers as they take over Breckenridge with masks, boas, beads, music and revelry. Breckenridge Mardi Gras starts at 4:30pm on Tuesday, Feb 28 with our annual Mardi Gras parade. See the floats locals have put together to commemorate the carnival season. The celebration continues with a free concert at the Riverwalk Center featuring the Lowdown Brass Band. if you are one of the first 100 people in the door, you will receive a free Paulaner Salvator beer. Try some King Cake, Gumbo or Pretzels to compliment the liquid imbibing.