Academy awards |
| 1996 year 69th |
| Best motion picture of the year | | Nomination |
| Performance by an actress in a leading role | Frances McDormand | Winner |
| Best Supporting Actor | William H. Macy | Nomination |
| Achievement in cinematic direction | Joel Coen | Nomination |
| Writing Original Screenplay | Joel Coen | Winner |
| Writing Original Screenplay | Ethan Coen | Winner |
| Best Cinematography | Roger Deakins | Nomination |
| Film Editing | Roderick Jaynes | Nomination |
Golden Globe Awards |
| 1996 year 54th |
| Best Motion Picture - Musical or Comedy | | Nomination |
| Best Performance by an Actress in a Motion Picture - Musical or Comedy | Frances McDormand | Nomination |
| Best Director - Motion Picture | Joel Coen | Nomination |
| Best Screenplay - Motion Picture | Joel Coen | Nomination |
| Best Screenplay - Motion Picture | Ethan Coen | Nomination |