Oscar® Party!

Champagne! (Like you had to ask.)

And if you're still trying to sell your screenplay, we can suggest bubbles that add sparkle to the party without busting your budget.

Give guests the red carpet treatment. Stretch a length of red material (cotton, felt, vinyl etc.) up to your door, outlined with strings of clear mini lights.

Play paparazzo as your stars arrive. Ask them to strike a pose and snap their pics with a digital Polaroid for instant souvenirs.

More stellar ideas:

• Create a guest book for autographs.
• Rope off the viewing room and have a bouncer lift the rope as each celebrity enters.
• Splurge on dramatic arrangements of white flowers for that Old Hollywood glamour.

Time your party so guests can fill out voting ballots before the awards ceremony begins.

Prizes go to those who predict winners in each of the major categories, or award one big prize to the guest with the most correct guesses.

Clever rewards could include movie rental coupons, candy, packets of microwave popcorn, entertainment magazines, movie posters, movie soundtracks or miniature Oscar statuettes.

Download a printable ballot: