2014 Oscar Predictions: Who Will Win Big?

Hollywood's big night promises surprises, great performances and potentially some upsets.
3:00 | 03/02/14

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Transcript for 2014 Oscar Predictions: Who Will Win Big?
Just hours left. Stars heating up the red carpet. And the spirit award goes to -- Hollywood getting in the spirit. Well, all right, all right, all right. And learning how to let it go. Dream big. As we say -- Good morning, America. That's right, Matthew mcconaughey's first lines ever, all right, all right, all right, name it? Dazed and confused. That was a great movie. Yes, it was. That was a warmup to last night. The stars more relaxed at the spirit awards. It's more laid back. It's fun to see Hollywood come together. And we are hours away from the red carpet rivals. And we are on the red carpet. This easier to get access to. Don't see the security guards? No doubt in Hollywood, they are thinking hard about the possible acceptance speeches. But they need to win, obviously. The suspense is building as we tick toward tonight's show. So many great performances. But who's most likely to take home the hardware. Chris Connelly with the front runners. Reporter: Dan and bianna, there have been open and shut Oscar evenings, but this is not one of them. Expect to feel the suspense up to the last envelope. They've made the movies, they've rocked the red carpets. Now which of this year's majority category nominees is going home with an Oscar tonight? There are no sure things. But -- ♪ let it go ♪ there will likely be good news for little sisters everywhere, as animation nation figures to be celebrating a frozen win. ♪ double trouble in supporting actress. Thank god for me. Jennifer Lawrence always compelling. But portraying her characters all but unimaginable anguish. "12 years a slave" nyong'o is expected to prevail. Supporting actor, "Dallas buyer S club" Leto is the favorite. But could the captain Philips actor shock the world with a win? "Gravity," Sandra bullock gives it gravitas. And "Blue jazz mean," a probable victory. And best actor, among formidable competition, things like all right, all right, all right for Matthew mcconaughey. Giving perhaps the performance of his career in "Dallas buyers club." Best picture? High drama. "Gravity," more awards. And the shameful look at U.S. History -- "12 years a slave" will win the final Oscar. It could be a something for everything oscars, or one could dominate. We won't know in the end. Guys.

This transcript has been automatically generated and may not be 100% accurate.

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