But the actors who don't go home with an Academy Award won't leave empty-handed.

Like any good celebration, each year the Oscars give out gift bags to attendants.

This year, the goodies inside the bag are worth an estimated $200,000. That's a significant increase from last year's $125,000 bags.

The bags, packaged by Distinctive Assets, will include a 10-day first class trip to Israel worth about $55,000 and a 15-day Japanese walking tour worth approximately $45,000. Smaller items like $300 worth of personalized M&Ms and "luxury toilet paper" that costs more than $200 will be included as well.

Distinctive Assets said this year's bag is "once again a blend of fabulous, fun and functional items meant to thrill and pamper those who may have everything money can buy but still savor the simple joy of a gift."

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