Oscar 2015: Will Meryl Streep Win Her 4th Oscar or Patricia Sweep It?

Meryl Streep is back again this year with an Oscar nomination. The talented and one of the most cherished Hollywood star is an Oscar favourite who just landed her 19th nomination for Best Supporting Actress. Meryl is up for Best Supporting Actress for playing the wicked witch of fairy tales in 'Into The Woods'.

With three previous acting wins under her belt, Streep is a member of that exclusive three-timers club of which there are only two other living members: Daniel Day-Lewis and Jack Nicholson.

With 18 earlier Oscar nominations and only 3 wins, Meryl Streep has 15 Oscar failures. Her three Oscar wins were for Best Supporting Actress for "Kramer vs. Kramer" (1979), Best Actress for "Sophie's Choice" (1982) and Best Actress for "The Iron Lady" (2011).

However, last year too, Oscar Best Actress nominee, Meryl Streep (August: Osage County) lost it to Cate Blanchett (Blue Jasmine).

Her last Best Supporting Actress win was in 1979 after which she was nominated once before this year nomination for Into The Woods. Meryl Streep lost her last Oscar nomination for Best Supporting Actress back in 2002 (Adaptation) to Jennifer Connelly.

With her 19th Oscar nod this year coming back to Best Supporting Actress, the 65-year-old American actress has less chances of winning again for her performance as witch in Disney's fantasy film, Into The Woods which also stars Anna Kendrick, Emily Blunt, Chris Pine and Johnny Depp.

This year, Best Supporting Actress category is ruled by Patricia Arquette whose coming-of-age film, Boyhood which was shot for 12 years has been getting a lot of accolades and awards.

Meryl Streep might be an Oscar favourite, but chances of Patricia Arquette's winning this category is more.

The 87th Academy Awards will be held on Feb. 22 and will be hosted by Neil Patrick Harris for the first time. let's wait and watch if Meryl adds her 4th Oscar statuette in her awards list or not.