No. They are engraved afterwards at the Govenor's Ball.
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I've heard that they do get to keep it but it's not the one that they give out when they announce their name when they win people backstage have the actual statue then they give it to whomever won.
Ann-Margret sang at the Academy Awards presentation in 1962, singing the Oscar-nominated song "Bachelor in Paradise".
An Oscar award has to be offered to the Academy Awards for $1 before it can be legally sold. It is sometimes illegally auctioned.
Screener DVD's are sent to OSCAR voters so they can view them before voting.
The only Oscar to win an Oscar was the famed lyricist Oscar Hammerstein II.