See What's Inside the Rs 1 Crore Oscar Gift Bag Worth

Oscar nominees are getting gift bags worth Rs 1 crore! Watch our latest video to check out all the details.

A box containing items worth one crore rupees has been given to all the nominees for the Oscars. This is given to them whether they win or not. The 95th Oscars ceremony was held yesterday in Los Angeles. 

Although the Oscars are given in various categories, all the nominees in each of the Top 5 categories will get a prize box worth Rs 1 crore has been given away. Best Actress, Best Actor, Best Supporting Actor, Best Supporting Actress, and Best Director are the top 5 categories. A total of 26 nominees receive this award. Even the host Jimmy Kimmel will be given the gift hamper. These prizes are not awarded by the Academy, which awards the Oscars. Distinctive Assets, a Los Angeles-based marketing company, is giving these gift bags. 

This company has been doing this since 2002. The report also states that luxury brands pay $4,000 (around ?3,28 lakhs) to land a spot in the hamper. However, the recipient is under no obligation to use, accept or promote any of the items. This year the gift set features more than sixty items. Featuring over 60 items, the bag this year is filled with several beauty and lifestyle gifts, luxury vacations — including a $40,000 getaway to a Canadian estate called The Lifestyle, and a stay for eight people in a restored Italian lighthouse — and a piece of land in Queensland, Australia. Those who want to revamp their homes, meanwhile, can use the $25,000 worth project management fees for home restoration from Maison Construction. There are also several rejuvenation procedures that are reportedly part of the package, including lipo arm sculpting, hair restoration services, and a facelift. While over 50 per cent of the products reportedly come from companies that are women and minority-owned, the gifts will be delivered in Havaianas suitcases this year. Inside are skincare products from Miage, a silk pillowcase from Blush Silks, a travel pillow from PETA, a Mental health orb, wine, luxury fragrances, bateel dates, coconut water, etc. 

Last year, actor Denzel Washington reportedly declined his, and actor JK Simmons donated it to a charity auction, as did George Clooney in 2006. Incidentally, while the products and services in the bag come free, the recipient does need to pay taxes on it, as it is considered an income.