Items you will need
Fake Oscar Statue
How to Throw an Oscar Party. What better way to celebrate the Oscars than with a party? Recreate the glitz, glamour and excitement of the Oscars right in your own home.
Make sure that you have plenty of comfortable seating and that everyone will have a clear view of the television.
Make a 90-minute mix tape of recognizable movie themes to play in the background before and after the ceremony. Put the tape deck on repeat.
Dress for the Oscars. Wear tuxes and evening gowns with rhinestone necklaces.
Announce guests over a microphone as they arrive. For example, "And now please welcome last year's winner of the best supporting soccer coach, Stan Murphy."
Provide appetizers and both alcoholic and nonalcoholic beverages.
Pass out pens and ballots listing all the nominees and have everyone vote on who they think is going to win before the ceremony starts.
Tally results after the ceremony ends.
Present a fake plastic Oscar to the person who got the most right. Encourage the winner to make an acceptance speech.
If you don't have a large television set, borrow one from a friend for the evening. If you don't have the time or inclination to make a mix tape, buy a CD of famous movie tunes. Make sure you have low lighting arranged for the ceremony - dark enough to watch the show, but not so dark that people can't easily get up to get a drink or go to the bathroom.
As a responsible party host, see to it that your guests return home safely. If any guests have had too much to drink, arrange alternate rides home or invite them to stay over.