Payne's last visit to the event was in 1997 when he won the High Hopes Award for "Citizen Ruth", the predecessor of the festival's CineVision Award, reported Variety online.
The film starred Laura Dern as a white trash antihero who becomes a cause celebre when she gets pregnant with her fifth child.
Among the movies to play in Munich this year are "Election", which was the international breakout role for Reese Witherspoon, "About Schmidt", starring Jack Nicholson, "Sideways", which stars Paul Giamatti, "The Descendants", starring George Clooney, and "Nebraska" with Bruce Dern toplining.