Oscar nominees who don't win the coveted prize will be given gift bags worth more than $55,000.
Hollywood stars will be attending the Academy Awards on March 2 at the Dolby Theatre in Los Angeles and those who are in the line-up for Best Actor/Actress, Supporting Actor/Actress and Director categories will be taking home Distinctive Assets' Everybody Wins gift bags if they don't win the prestigious award.
According to Variety.com, the gifts will include a wine/chocolate flight pairing from Chocolatines, vacation packages to the Canadian Rockies, Mexico and Japan, Swiss-made Slow Watches, Jan Lewis Designs bangle bracelets, in addition to teas and spa treatments.
Distinctive Assets founder Lash Fary said: "To be part of the film industry's biggest night on any level is thrilling.
"We always look forward to introducing celebrities to an array of companies with fabulous gifts to share, but it's particularly fun to be able to do so when you know it will truly brighten someone's day."
They stars who receive these gift bags will also be given the opportunity to donate 10,000 meals of Halo natural pet food - which Oscar host Ellen DeGeneres is ambassador of - to an animal shelter of their choice.

Oscar nominees include:

Best Actor:
Christian Bale - American Hustle
Bruce Dern - Nebraska
Leonardo DiCaprio - The Wolf of Wall Street
Chiwetel Ejiofor - 12 Years a Slave
Matthew McConaughey - Dallas Buyers Club

Best Actress:
Amy Adams - American Hustle
Cate Blanchett - Blue Jasmine
Sandra Bullock - Gravity
Judi Dench - Philomena
Meryl Streep - August: Osage County

Best Supporting Actor:
Barkhad Abdi - Captain Phillips
Bradley Cooper - American Hustle
Michael Fassbender - 12 Years a Slave
Jonah Hill - The Wolf of Wall Street
Jared Leto - Dallas Buyers Club

Best Supporting Actress:
Sally Hawkins - Blue Jasmine
Jennifer Lawrence - American Hustle
Lupita Nyong'o - 12 Years a Slave
Julia Roberts - August: Osage County
June Squibb - Nebraska

Best Director:
Alfonso Cuarón - Gravity
Steve McQueen - 12 Years a Slave
Alexander Payne - Nebraska
David O. Russell - American Hustle
Martin Scorsese - The Wolf of Wall Street

Alex Pettyfer wants a film role where he doesn't have to dance.
The 'Magic Mike' actor insists he "can't dance" and was pleased a scene in romantic drama 'Endless Love' didn't require him to have the best moves.
He told the Belfast Telegraph newspaper: "I can't dance, that's the thing. I can't dance or sing, I can barely act. They asked me to dance in 'Magic Mike'. I was like, 'Alright, fine, I'm going to waddle.'
"In 'Endless Love' there's a scene - which actually, by me not being able to dance works well - they said, 'We want you to do this dance scene.' I was like, 'Is there going to be a movie where I'm not dancing next, please?'"
Pettyfer doubts his own skills on the dance floor but applauds his 'Magic Mike' co-star Matt Bomer who has "rhythm".
He added: "I did have a partner in Magic Mike, it was Matt Bomer, and Matt's amazing, he's got that rhythm and he's an incredible singer.
"But yeah, I need to find a movie where I don't have to dance in it."

Ricky Wilson has had to prove himself as a singer on his band's new album.
The Kaiser Chiefs frontman, whose band are set to release their new record 'Education, Education And War' next month, admits he felt under pressure to brush up on his vocal skills after becoming a coach on BBC talent show 'The Voice'.
He told the Daily Star newspaper: "I've really had to step it up vocally on the new album. Obviously, if I am judging other people's singing on the show, then I have to prove I can do it too."
The 'Ruby' hitmakers - including Andrew White, Nick Baines, Simon Rix and Vijay Mistry - hit a low point when drummer and main songwriter Nick Hodgson, 36, quit in 2012.
But the band are now ready for a comeback and feel Ricky's exposure on 'The Voice' has helped.
The 36-year-old star explained: "When Nick left, people assumed we were finished and we realised: 'Sh*t, we're in trouble.
"We had to prove to ourselves, to Nick, the critics and all our fans that we were still fighting."
Ricky began filming 'The Voice' with fellow coaches Kylie Minogue, will.i.am, and Sir Tom Jones, during a break from recording the new album in Los Angeles.
He said: "Leaving my friends in LA felt horrible but feeling so low proved that I love being in a band."
Ricky admits he has struggled with the hectic schedule when appearing on the show and begged producers to let him have a day off during filming in Manchester.
He said: "We arrived before daylight and finished at 1am.
"After seven days in a row I said to the other three: 'Shall we take a day off?' Tom said, 'No. You just get on with it, don't you?'
"I would go back to the hotel, but Will would go mix Britney Spears' album and turn up totally committed the next morning."
The Kaiser Chiefs new album is released on March 31 and the band will showcase material at Scala in London tonight (13.02.14) from 9pm.

Britain's Prince Harry and girlfriend Cressida Bonas enjoyed a night at the London's Royal Albert Hall on Wednesday (12.02.14).
According to Royal Central, the 29-year-old prince and his on/off girlfriend of 20 months were in a private box watching a performance of Cirque du Soleil.
Witnesses reported the pair appeared in good spirits and looked "loved-up" as they left the prestigious venue.
Harry and Cressida have been together since May 2012 and have been on a number of romantic dates around the city.
They were last photographed grabbing a burger London restaurant Byron in Kensington High Street, close to Kensington Palace, in January, after spending time apart over New Year.
The pair spent more than an hour in the restaurant with two security men before getting into the prince's car outside.
The flame-haired royal is said to be "smitten" and friends say Cressida, 24, is very like his mother, the late Princess Diana.
A source previously said: "She's such an honest, sweet girl and in many ways is like Diana. Harry is just smitten."
The couple also enjoyed a romantic break at Cressida's family farm in Norfolk, East England, last month.
The estate - where the prince met his girlfriend's father for the first time last summer - is just a short drive away from the royal residence of Sandringham.

Nicole Scherzinger has quit 'The X Factor'.
The former Pussycat Doll, who has been a judge on the ITV talent show for the past two series, has reportedly made the "agonising" decision to leave to focus on her music career.
A friend of the star told The Sun newspaper: "It breaks her heart, but Nicole is sad not to be able to go back to the show this year. She has agonised over this decision for months.
"She put her music career on hold last year but now she has to focus on her music."
The news comes just days after 'X Factor' boss Simon Cowell announced he would return for the next series, replacing Gary Barlow, and would like Cheryl Cole to join the panel once again.
Show bosses were keen to keep Nicole, 35, who recently signed a new recording contract with Sony, but those close to Simon say she will "always be part of the 'X Factor' family."
Nicole is believed to have inked a £3 million recording deal and is due to release a new album in coming months, her first new material in three years.
Simon admitted this week he's been in talks with Girls Aloud singer Cheryl, 30, to come on board after a three-year absence but said it's been difficult to try and persuade her.
Speaking about her possible return, he said: "To be fair to Cheryl, it hasn't been about the money with her. It's about whether she wants to do it and whether she can handle the pressure, so I'm not quite sure yet [if she will come back]."
Simon added: "She had her poker face on."
The 54-year-old music mogul wants to recreate the success of the series in 2010, when One Direction started their journey to becoming the world's biggest boy band.
The show pulled in 19 million viewers and saw Matt Cardle crowned the winner, while just 11.5 million watched as Sam Bailey was named champion last year.
Meanwhile, sources say Simon is also keen to sign Rita Ora as a new judge on the show.

Madonna "hates" her own music.
The 55-year-old singer is tired of hearing her own songs so would never work out to a soundtrack of her own material.
She admitted: "I don't work out to my music - I hate my music! I mean, I'm sick of it.
"I love my music, but I'm just kind of sick of it. I like to hear other people's music when I work out."
The 'Hung Up' hitmaker - who has children Lourdes, 17, Rocco, 13, and Mercy and David, both eight - is known for her toned physique but she isn't always happy with her body.
Speaking at the opening of her Hard Candy Fitness gym in Toronto, Canada, she said: "I have a love/hate relationship with my body. "Some days I'm happy with it and other days... I wasn't born with Gisele Bundchen's body unfortunately, so you got to work for it - but it's OK."
Madonna - who is dating 26-year-old dancer Timor Steffens - also admitted she isn't a fan of "big bulky" guys but does like them to be in shape.
Speaking to 'Entertainment Tonight Canada' reporter Roz Weston, she said: "You need to work out. I'm not into big bulky muscles, but a little more definition would be good.
"I like a lean, mean, fighting machine!"

Colin Farrell says his son is an "absolute stud".
The 37-year-old actor's son James, 10, suffers from Angelman Syndrome - a rare genetic condition that can impair speech, movement and balance - but he insists he is making incredible progress and makes him proud every day.
He told People magazine: "Every day, just breaking down boundaries. He's an amazing boy."
The 'Winter's Tale' star previously admitted James - whom he has with ex-girlfriend Kim Bordenave - was one of the main reasons he checked himself into rehab for drug and alcohol abuse in 2005.
He said last year: "Everything he's achieved in his life has come through the presence and the kind of will that is hard work. He's a lot to be inspired by.
"Things like walking and talking and eating and feeding himself, all those things that so many of us naturally take for granted because they come so easily, to James, they come somewhat harder ... I remember the days when he couldn't watch 10 minutes of a film because he couldn't sit still, but now he can."
Meanwhile, Colin recently admitted James is still trying to bond with his half-brother, four-year-old Henry - whom the star has with Alicja Bachleda - but insists they're getting better as they get older.
He said previously: "They have two different moms so their crossover time isn't a lot ... so they're figuring it out.
"They're good together. They're funny together. They're finally getting used to the idea that the other one isn't leaving anytime soon, that they're both here to stay."

Lil' Kim is pregnant.
The 39-year-old rapper has revealed she is expecting her first child and she can't wait to be a mother to her little one when it arrives.
She told Us Weekly magazine: "I'm so excited! I'm a few months along. I can't wait to be a mum!"
The 'Magic Stick' hitmaker sparked rumours she was pregnant when she turned up at New York Fashion Week yesterday (12.02.14) sporting a huge baby bump beneath her clingy dress.
She then took to the stage at the Blonds Fashion Week after party in New York to sing 'Lighters Up', which she dedicated to the late Notorious B.I.G.
She told the crowd: "It's also going to be Biggie's birthday and the anniversary of his death soon so we [as she points to her belly] love you."
However, the brunette beauty is showing no signs of slowing down and is adamant the baby won't stop her working.
She said: "I'm still going to work. I'm still going to be hardcore, the baby has made me even more of a beast!"
Lil' Kim has decided to keep the identity of her child's father private at this time, but she was last romantically linked to professional boxer Floyd Mayweather, 36, and the pair were still dating last September.

Kanye West will be among the first guests on 'Late Night with Seth Meyers'. The 'Bound 2' rapper is part of a star-studded line-up including John Mayer, Lena Dunham and US Vice President Joe Biden, who will all appear throughout the week when the chat...

George Clooney thinks he'd never secure a role in 'Downton Abbey' because his English accent isn't good enough.
'The Monuments Men' actor, whose co-star Hugh Bonneville plays Robert, Earl of Grantham in the ITV period drama, praised the show but ruled himself out of joining the cast.
He told The Sun newspaper: "We all love that show, it's huge. I am too lowly for a part, I don't think they want me.
"I can't do the accent either. It's all very Dick Van Dyke."
Hugh later praised the 52-year-old star, who also wrote and directed 'The Monuments Men', which is based on the true story of a team of soldiers who recovered millions of pieces of artwork stolen by the Nazis in WWII.
Hugh, 50, said: "Working with George Clooney was a great experience. He's brilliant at directing, he has a great leadership style and he is, of course, an actor's director.
"It's been a lot of fun getting to be a part of his world.
He added: "There is this rumour that he's terribly handsome but I don't think we should fool ourselves. I'm clearly the hunk of the picture."
Meanwhile, George recently hinted he is thinking about retiring from the big screen in the near future to focus on his work as a producer and director.
He said: "The audience kind of tells you when it's time to get out from in front of the camera, and it's getting close I think."

Dan Osborne says he has a big penis.
'The Only way is Essex' star says he is "confident" about the size of his manhood and claims it's so large that he wouldn't consider getting a tattoo down below because there wouldn't be enough ink to finish the artwork.
Speaking in the latest issue of Attitude magazine, Dan laughed: "Probably not [down there], the pain would be unbelievable and, of course, there ain't enough ink to do the job.
"I've had tattoos since I was 18 years old. I might get the odd couple more, but I'll probably leave it for a while."
Dan admits his muscles could be larger, but he insists he doesn't wish to be better endowed as his manhood is already big enough.
He added: "I'm quite happy with my muscles. I'd like 'em a bit bigger but I'm fine with 'em. And I've already got a big d**k!"
While the 23-year-old hunk is happy with his body, he admits he would be reluctant to bare all and won't be participating in a full-frontal photoshoot any time soon.
Dan mused: "I'd be alright with [doing a full-frontal photo shoot] but I don't think my agent would really appreciate me doing it. But am I confident with what I've got down there? Yeah, very confident."

David Walliams thinks Davina McCall is "strong" for competing in a Sport Relief triathlon.
The 42-year-old comic has praised the former 'Big Brother' host for taking part in the gruelling seven-day charity challenge - which sees her cycling, running and swimming from Edinburgh, Scotland, to London - and believes she is doing a great job.
David raised over £1 million for Sport Relief in 2006 by swimming the English Channel and understands the hardship Davina, 46, is going through.
Speaking to BANG Showbiz, he said: "I think it shows that in these challenges you are pushed to the absolute limit. But I know she's quite a strong person both mentally and physically.
"The best way we can get behind her is donating, because that'll be the biggest thing that will make her happiest, to know people are behind her and care."
The 'Britain's Got Talent' judge admits he couldn't tackle a triathlon like 'Got to Dance' host Davina because he is not good at running or cycling.
He added: "The reason I couldn't do a triathlon is because you have to do three different things. I'm only good for swimming, whereas on a bike, I'm too heavy, and going for a run, I'm too heavy. You have to be lean to do the other things."
In support of Davina, BT has declared today (13.02.14) Dial for Davina Day and will donate 1p to Sport Relief for every phone call made from a BT home phone line, BT business line and every call made from a BT payphone.
To participate in Dial for Davina Day, people should simply pick up their BT phone and make a call on Thursday, February 13.