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The honor, of course, but also the "swag bag" that's given to each contender in the best actor, best actress, best supporting actor/actress, and directing categories.
Leonardo DiCaprio, Jennifer Lawrence, and more will each walk home with one of these gift bags, valued at more than $200,000 (if they're willing to report them to the IRS, since gifts of this size are taxable).
The bags - known as "Everyone Wins" prizes and provided by Distinctive Assets, a company not associated with the Academy - include some very swanky and even bizarre items: trips to Japan, Israel, and Italy, $275 toilet paper, and something known as a "Vampire Breast Lift."
Check out everything that's in the Oscar-nominee gift bags below: