"The Piano" was a commercial and critical success, grossing more than $40 million, against its $7 million budget. At the 66th Academy Awards, "The Piano" won three awards: Best Actress for Hunter, Best Supporting Actress for Paquin, and Best Original Screenplay. Paquin, who at the time was 11 years old, is the second youngest Oscar winner ever. The film won the Palme d'Or and a Best Performance Prize for Holly Hunter at the 1993 Cannes Film Festival.