| Academy Award Nominations and Winners: |
| Best Picture |
| Best Director: Martin Scorsese |
| Best Actor: Leonardo DiCaprio |
| ★ | Best Supporting Actress: Cate Blanchett |
| Best Supporting Actor: Alan Alda |
| Best Original Screenplay: John Logan |
| ★ | Best Cinematography: Robert Richardson |
| ★ | Best Art Direction: Dante Ferretti |
| ★ | Best Costume Design: Sandy Powell |
| ★ | Best Film Editing: Thelma Schoonmaker |
| Best Sound: Tom Fleischman & Petur Hliddal |
|
| Golden Globe Nominations: |
| ★ | Best Picture |
| Best Director: Martin Scorsese |
| ★ | Best Actor (Drama): Burt Lancaster |
| Best Supporting Actress: Cate Blanchett |
| Best Screenplay: John Logan |
| ★ | Best Original Score: Howard Shore |
|
| Other Awards: |
| Producers Guild of America: Best Picture |
| Screen Actors Guild Awards: Best Supporting Actress (Blanchett) |
| Los Angeles Film Critics Association: Best Production Design (Ferretti) |
| British Academy Awards: Best Picture; Best Supporting Actress (Blanchett); Best Production Design; Best Makeup |
| Satellite Awards: Best Visual Effects |