In its 25th year, this time around the hunt attracted 27 teams of 12 with names like "anti-pestos" and "happy hoppers".
It's not only rabbits being targeted - other pest and invasive species like ferrets, stoats and possums are also shot.
The event is organised by the Lions Club from Alexandra, a town in Central Otago.
Club President Eugene Ferreira told The Guardian: "The bunnies cause massive land erosion on the farms around here, and hunting is the most effective and efficient way of controlling it".
He said now and then animal activists attended the event but changed their position when they saw the damaged caused by the rabbits.
Many of the 10,000 dead rabbits would be buried, some used as fertiliser, others as dog food and some eaten.
During the event, alcohol is banned, safe driving advocated and shooters required to stay in their allocated areas.
Rabbits were introduced to New Zealand in 1830s by settlers and spread throughout the country, causing widespread damage, Newshub reported.
They are estimated to have caused tens millions of dollars in pest control and lost profit, according to The Guardian
The shooting began at 9am on Good Friday and finished the same time on Saturday ahead of count up at noon - so children needn't be concerned about the Easter Bunny's safety.
- Daily Mail