| Year | Festival | Category | Winner | Result |
|---|---|---|---|---|
| 2020 | Oscars | Best Actor | Joaquin Phoenix | Winner |
| 2020 | Golden Globes | Best Actor - Drama | Joaquin Phoenix | Winner |
| 2020 | SAG Awards | Outstanding Performance by a Male Actor in a Leading Role | Joaquin Phoenix | Winner |
| 2020 | BAFTA | Best Leading Actor | Joaquin Phoenix | Winner |
| 2020 | Oscars | Best Picture | Bradley Cooper | Nominated |
| 2020 | Oscars | Best Director | Todd Phillips | Nominated |
| 2020 | Oscars | Best Picture | Todd Phillips | Nominated |