Jimmy Kimmel's giving away Jet Ski to whoever gives shortest Oscars speech

Jimmy Kimmel just introduced the fans to possibly one of the funniest moments ever in the Oscars history.

The host of the 90th annual Academy Awards jokingly revealed that the winner who gives the shortest acceptance speech can win a jet ski.

He said, "If you do get an Oscar tonight we want you to give a speech and we want you to say whatever you feel needs to be said. Speak from the heart. We want passion. You have an opportunity and a platform to remind millions of people about important things like equal rights and equal treatment. If you want to encourage others to join the amazing students at Parkland at their march on the 24th do that."

"But with that said, this is a really long show. So here's what we're going to do. Not saying you shouldn't give a long speech but, whoever gives the shortest speech tonight will go home with, Johnny tell them what they'll win. It's a brand new jet ski!" added Kimmel.

Proving that it was a real deal and not just a joke the curtains at the Dolby Theatre were pulled back to reveal Dame Helen Mirren modelling in front of a jet-ski on stage.

Jimmy said that he would be timing every winner's speech, with the person delivering the shortest speech getting a jet-ski.

"This is not a joke. I will be timing you. I have a stopwatch. The moment you are handed that Oscar, the clock will start ticking. So get up here, grab it, and go," noted Kimmel.

He also added that if two people manage to give speeches of the same length, it's too bad for them, because the 88-year-old Christopher Plummer gets to claim the jet-ski for himself.

The 2018 Oscars are currently being handed out at the Dolby Theatre in Hollywood.