A Grammy Award (originally called Gramophone Award) — or Grammy— is an accolade by the National Academy of Recording Arts and Sciences of the United States to recognize outstanding achievement in the music industry. The annual awards ceremony features performances by prominent artists, and some of the awards of more popular interest are presented in a widely viewed televised ceremony. It is the music equivalent to the Emmy Awards for television, the Tony Award for stage and the Academy Awards for film.

The 54th Annual Grammy Awards will be held on February 12, 2012, at the Staples Center in Los Angeles. It will be broadcasted on CBS. Nominations will be announced on November 30, 2011 on prime-time television as part of "The GRAMMY Nominations Concert Live! – Countdown to Music's Biggest Night", a one-hour special broadcast live on CBS from Club Nokia at L.A. Live. A total of 78 awards will be presented following the academy's decision to restructure the Grammy Award Categories.

The odds on the 54th Annual Grammy Awards is in the left menu.