The Producers Guild of America handed out its annual awards over the weekend, and the winner of the group's highest honor may be on the verge of scooping up some major statuettes at next month's Oscars, too.

"Green Book" was the night's biggest honoree at the PGA Awards ceremony on Saturday, taking home the Darryl F. Zanuck Award for Outstanding Producer of Theatrical Motion Pictures (the PGA equivalent of the Best Picture prize). The film was co-produced by Jim Burke, Charles B. Wessler, Brian Currie, Peter Farrelly (who also directed), and Nick Vallelonga.

"When you make 'Dumb and Dumber,' you don’t expect to ever get an award," Farrelly joked as he accepted the award on Saturday.

Many awards season prognosticators didn't expect this kind of success, either, judging by the reactions going around on social media. But while the film has received mixed reviews, there's no denying that it now has some serious awards momentum -- and history on its side -- heading into the Oscars, which will announce their nominations on Tuesday.

We'll see what happens soon enough. Stay tuned, awards junkies.

[via: Producers Guild/Twitter, Twitter Moments]