Mi código

using System;
using System.Collections.Generic;
using System.ComponentModel;
using System.Data;
using System.Drawing;
using System.Linq;
using System.Text;
using System.Threading.Tasks;
using System.Windows.Forms;
using System.Drawing.Text;

namespace prueba {
   public partial class Form1 : Form {
      public Form1() {
         InitializeComponent();
      }

        private void label1_Paint(object sender, PaintEventArgs e) {
         e.Graphics.FillRectangle(new SolidBrush(label1.BackColor), new RectangleF(0, 0, label1.Width, label1.Height));
         e.Graphics.TextRenderingHint = TextRenderingHint.AntiAlias;
         e.Graphics.Transform.
         e.Graphics.DrawString(label1.Text, label1.Font, new SolidBrush(label1.ForeColor), new PointF(0,0));

      }
    }
}