This is always the best award show!

The MTV VMA nominations have been announced, and it seems hip hop artists reigned supreme in most of the categories! Beyonce scored the most noms with a whopping eight nominations, followed closely by Eminem and Iggy Azalea, who each racked up seven.

Video of the Year nominees are Iggy Azalea ft. Charli XCX – "Fancy", Beyonce ft. JAY Z - "Drunk In Love", Pharrell Williams - "Happy", Sia - "Chandelier", and Miley Cyrus - "Wrecking Ball".

The VMAs will take place on Sunday, Aug. 24, at 9 p.m. ET. Click thru to see the full list of nominees…