Academy awards |
| 1950 year 23th |
| Best motion picture of the year | | Nomination |
| Performance by an actor in a leading role | William Holden | Nomination |
| Performance by an actress in a leading role | Gloria Swanson | Nomination |
| Best Supporting Actor | Erich von Stroheim/Erich Von Stroheim | Nomination |
| Best Supporting Actress | Nancy Olson | Nomination |
| Achievement in cinematic direction | Billy Wilder | Nomination |
| Writing Original Screenplay | Charles Brackett | Winner |
| Writing Original Screenplay | Billy Wilder | Winner |
| Writing Original Screenplay | D. M. Marshman Jr. | Winner |
| Best Cinematography | John F. Seitz | Nomination |
| Original Dramatic Score | Franz Waxman | Winner |
| Best Art Direction (Black-and-White) | Ray Moyer | Winner |
| Best Art Direction (Black-and-White) | Sam Comer | Winner |
| Best Art Direction (Black-and-White) | Hans Dreier | Winner |
| Best Art Direction (Black-and-White) | John Meehan | Winner |
| Film Editing | Arthur P. Schmidt | Nomination |
| Film Editing | Doane Harrison | Nomination |
Golden Globe Awards |
| 1950 year 8th |
| Best Motion Picture – Drama | | Winner |
| Best Performance by an Actress in a Motion Picture – Drama | Gloria Swanson | Winner |
| Best Performance by an Actor in a Supporting Role in a Motion Picture | Erich von Stroheim/Erich Von Stroheim | Nomination |
| Best Director - Motion Picture | Billy Wilder | Winner |
| Best Screenplay - Motion Picture | Billy Wilder | Nomination |
| Best Screenplay - Motion Picture | Charles Brackett | Nomination |
| Best Screenplay - Motion Picture | D. M. Marshman Jr. | Nomination |
| Best Original Score - Motion Picture | Franz Waxman | Winner |