To supplement the candy-, popcorn-, and hot-dog-stuffed #snackhacks we suggest for an Oscars Party, you're probably going to rip open a bag of chips and get pizza. Here's how to class it up with impressively good drink pairings that take no effort at all. When in doubt, go with something fizzy.
Prosecco, Cava or Champagne. There are two excellent reasons to drink sparkling wine with chips while watching the Oscars: 1. You'll re-create a famous wine-and-food moment in movie history (when Marilyn Monroe's character insists on eating potato chips with Champagne in The 7-Year Itch). 2. They are stupidly good together. (So you know: It's partly because the carbonation echoes the crunchiness of the chips in your mouth.)
Lambrusco. Time and again, the most respected journals of science have confirmed that sparkling red wine is the best thing to drink with pepperoni pizza. Because cheap, disgustingly sweet Lambrusco is obscene, you should source one from an actual wine shop, not a liquor store with bullet-proof glass at the counter.