The Text Overlay Widget allows you to show a persistent set of text on your stream. This can be useful for showing a dedicated set of text such as a reminder to your stream or something via a Special Identifier.
While the Text Overlay Widget is useful for display a set of text, there are other Overlay Widgets that can be more useful for showing multiple things at once with a rotating basis. For example, the Label Overlay Widget allows for you to automatically handle showing things like the latest follower, subscriber, or donation without having to track it yourself.
The Max Width option allow you to set a maximum width for a set of text before it will attempt to wrap the text to the next line. For example, setting the Max Width to 200 will make it so that any text longer than 200 pixels in width will continue to wrap until the end of the text:
The Text Overlay Widget can be set to automatically refresh the contents shown via the "Refresh Time" option on the Details tab.