Preheat oven to 350˚ F. Have ready a 9-inch loaf pan or two 4-inch loaf pans.
In a medium bowl, mix breadcrumbs, ¼ cup ketchup, grated onion, egg, ground turkey, salt, pepper, hot sauce, and spices.
Place mixture in pan(s) and spread meatloaf with remaining ¼ cup ketchup. Arrange bacon decoratively on top.
Bake 45-50 minutes for a large loaf and 30-45 minutes for smaller pans. Carefully pour off accumulated turkey juices. Let stand for about 10 minutes before serving.
Notes
Note: To save 165 mg sodium per serving, use reduced-salt ketchup