The Oscars are this Sunday and everyone is getting ready for the big day. Friends get together and vote to see if their favorites will win the award. But that’s so old school. Now there’s an app for that.

The Red Carpet is an app for $2.99 that is all about the world of the Oscars. It has everything from awards news, film synopses (in case you missed a film or two), and film previews. I know for some of the categories this came in very handy!

The real tease though is that if you guess all 24 televised Oscar winners correctly…you can win $1 million. You do have to sign up to enter.

The application is very simple to use and you really have to love the extra features that allow you to add the movie automatically to your Netflix queue.

I’ve entered my pics, so we’ll see how it goes. What is your pick for best picture?