Lily Collins Strips Down to Find Perfect Gown for the Golden Globes -- See the Pic!

The Best Actress nominee is adorably relishing her first time at the prestigious awards show.

Lily Collins is battling the best problem ever -- what to wear to Sunday night's 74th Annual Golden Globe Awards.

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The 27-year-old actress felt like an overwhelmed "kid in a candy shop" on Saturday while picking out a dress for the star-studded awards show.

"Like a kid in a candy shop," Collins captioned an Instagram photo of racks upon racks of glittering gowns. "It's finally time to make a decision for The @GoldenGlobes! This looks impossible…"

Collins later posted a beautiful snapshot where she appeared to be lying naked in a lush pile of pastel dresses. "What a dream," the actress and daughter of English singer Phil Collins wrote. "Soaking in every moment and savoring the details…"

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In her first-ever Golden Globes nomination, Collins is up for the award of Best Actress in a Motion Picture, Musical or Comedy category for her starring role in Warren Beaty's romantic comedy-drama, Rules Don't Apply.

The actress was absolutely stunned when she discovered her nomination for the prestigious award in December. She captioned a sweet Instagram snapshot: "The moment your mom captures you being nominated for your first Golden Globe. Priceless. I still can't breathe. Beyond honored, thankful, and proud. This can't be real!"

Catch all of ET's live coverage right here on, on Twitter (@etnow) and Instagram (@entertainmenttonight). Also check out ET's official Facebook page at 3:30 p.m. and 8:30 p.m. PT for live updates on the night's most memorable moments ahead of our full post-show coverage airing Monday on Entertainment Tonight.