What did people do at a Medieval festival?

Answer 1

People usually had jesters and entertainers perform before actually jousting, there was also Archery contests involved, winners received new armor, money and archers received a "silver bugle horn and a silver baldric" (a silver horn which archers blew into to warn villagers they were hunting in the forest and a case to hold the horn)

Answer 2

At medieval festivals, there was much singing, music and dancing. There were feasts and a lot of drinking, mostly ale (like beer). Depending on the type of festival, it would vary in who attended, the society levels, and the extravagancy of the celebrations.