Despite protesters outside the Dolby Theatre in Hollywood, hoping to bring attention to the financial troubles surrounding the company that worked on the movie Life of Pi, Ang Lee took home the award for Best Director.

Best Actor in a Leading Role...that went to Daniel Day Lewis who starred in Lincoln.

And Jennifer Lawrence accepted her award (after taking a tumble on the stairs) for Best Actress in a Leading Role, for her work in Silver Linings Playbook.

But what about those who didn't win an Oscar? Are they really losers? This year's Oscar nominees and the presenters all walked away with a swag bag worth over $47,000! The bag included a weight loss retreat, vampire facelift, interior design services and even vacation trips to Australia and Hawaii.

Hopefully Seth MacFarlane got one too, because he may want to get away after he reads the terrible reviews he's been getting for his hosting gig. Some said he was offensive, not funny at all, and the creator of American Dad was even called an American Dud. Ouch!