The Golden Raspberry Awards, also known as the Razzies, have been around since 1981, when the first ceremony was held in film industry legend John J. B. Wilson's living room. Corresponding with the Oscars, the Razzies celebrate the worst of Hollywood's offerings from the previous year. The awards are designed to be as cheesy and ridiculous as possible, and many of America's most beloved actors have participated by accepting their awards in person.

RELATED: 10 Razzie Worst Picture Winners That Didn't Deserve The Award

Like the Oscars, the Razzies cover an array of categories, from Worst Picture to Worst Original Song. While some of the nominations and awards have felt justified, many acclaimed movies have won Razzies too. This list brings together the highest-rated Razzie winners according to their scores on IMDb.

Rocky IV (1985) - 6.9

Sylvester Stallone's fourth installment of his groundbreaking Rocky franchise won five Razzies at the 1986 awards: Worst Actor, Worst Director, Worst Supporting Actress, Worst New Star, and Worst Musical Score. When Rocky's friend Creed is slaughtered in the ring by fellow boxer Ivan Drago (Dolph Lundgren), a nasty Russian athlete, Rocky decides to get back into boxing in order to take him down.

Rocky IV is full of iconic moments, but its Cold War vibes weren't compelling enough to keep most critics interested. While a cult favorite, Rocky IV doesn't come close to its original.

The Addams Family (1991) - 6.9

The revival of the macabre 1960s television series based on a Charles Addams cartoon won a Razzie for Worst Original Song: "Addams Groove" by MC Hammer. Even though three actors in the film landed Golden Globe nominations, the film still endured mixed reviews from critics.

Now considered a cult classic, The Addams Family also stars a young Christina Ricci as Wednesday Addams and Christopher Lloyd as Uncle Fester Addams. The movie was popular enough to warrant a sequel, 1993's Addams Family Values.

Robin Hood: Prince of Thieves (1991) - 6.9

Kevin Costner received a Worst Actor Razzie for playing the title character in this revival of the English folk tale about the nobleman during the Crusades who stole from the rich and gave to the poor.

RELATED: Morgan Freeman's 10 Best Movies (According To Rotten Tomatoes)

With a star-studded supporting cast ranging from Morgan Freeman to Christian Slater, the film doesn't suffer from a lack of talent; instead, its chaotic script and long, tedious narrative strip this big-budget venture of its ability to be an entertaining experience. Costner was also criticized for not using an English accent in the film.

Con Air (1997) - 6.9

Nicolas Cage in Con Air

This iconic Nicolas Cage action film won a special Razzie in 1998: Worst Reckless Disregard for Human Life and Public Property. Con Air is a ludicrous flick about a bunch of insane criminals who hijack the plane they are abroad while being transferred to a new penitentiary.

Cage plays a former war hero named Cameron Poe who is sentenced to eight years in jail for killing a man who attacked his pregnant wife. He happens to be on board the plane when the hijack occurs, and he ends up being the unlikely hero who saves everyone from the villainous characters played by the likes of John Malkovich, Steve Buscemi, and Ving Rhames.

Newsies (1992) - 7.0

Who doesn't love a good musical? Apparently whoever voted on Worst Original Song at the 1992 Razzies. The song "High Times, Hard Times" from Newsies earned the honor. A Disney film, Newsies is the work of Kenny Ortega, the director behind works like High School Musical and Hocus Pocus.

RELATED: Ford v Ferrari: 10 Christian Bale Characters Ranked From Heroic To Most Villainous

The movie is based on New York City Newsboys' Strike of 1899 and contains twelve original songs, as well as a cast including Robert Duvall and a young Christian Bale. While a box office bomb, it later became a cult classic and inspired a successful Broadway musical of the same name.

Gloria (1980) - 7.1

Gena Rowlands plays the title role in this film about a woman affiliated with the mob who is tasked with protecting Phil, the young son of her Puerto Rican neighbors. When the boy's parents are killed, Gloria becomes his full-time caretaker.

The pair embark on a tense journey to keep Phillip protected from the mafia hitmen who are after him. Directed by Rowlands' husband John Cassavettes, Gloria was a well-received and critically acclaimed feature. The actor who plays Phil, John Adames, tied with Laurence Olivier for a Worst Supporting Actor Razzie at the very first ceremony.

Wall Street (1987)  - 7.4

Oliver Stone's Wall Street is a divisive cult classic, and it's not surprising that it garnered all kinds of attention after it was released. Michael Douglas plays the money-hungry corporate high-roller Gordon Gekko, who is remembered for the line, "Greed is good."

RELATED: 10 Best Michael Douglas Movies, According To Rotten Tomatoes

Charlie Sheen plays his protege, Bud Fox, a young broker who hopes to become a millionaire. Wall Street is the only film to ever receive both an Oscar and a Razzie. Douglas won the Oscar, and Daryl Hannah won the Razzie for Worst Support Actress.

Star Wars: Episode III - Revenge of the Sith (2005) - 7.5

Revenge of the Sith is considered by fans and critics alike to be the best of the Star Wars prequels, although many people still believe it's full of flaws. While it's loved by diehards who seek any taste of Jedi life they can get, Revenge of the Sith has been chastised for its weak special effects and poor acting.

Much of the hate revolves around Hayden Christensen, who won a Worst Supporting Actor Razzie for his portrayal of Anakin Skywalker's transformation into Darth Vader. The film actually received the least amount of Razzie nominations of any Star Wars prequel.

The Godfather: Part III (1990) - 7.6

Michael stands outside with Vincent in The Godfather Part III

The final film in Francis Ford Coppola's Godfather trilogy is considered the weakest. Critics found its plot confusing, Sofia Coppola's acting feeble, and its inability to work as a stand-alone feature disappointing.

Sofia Coppola won two Razzies for her role as Mary Corleone: Worst Supporting Actress and Worst New Star. Many critics believe she is out of her league acting alongside the likes of Al Pacino, Diane Keaton, and Andy Garcia. Coppola hasn't done much acting since then, but she has made a name for herself as a talented film director.

Interview with the Vampire: The Vampire Chronicles (1994) - 7.6

Neil Jordan's adaption of Anne Rice's classic vampire romance novel stars Tom Cruise and Brad Pitt, who tied for a Worst Screen Couple Razzie alongside Sharon Stone and Sylvester Stallone in The Specialist.

While the film received mixed reviews, it was a box office success and earned Golden Globe and Oscar nominations. Kirsten Dunst received a lot of attention for her portrayal of the young Claudia. The movie also stars Christian Slater and Antonio Banderas.

NEXT: The 4 Best (& 4 Worst) Adaptations of Anne Rice's Works, According To Rotten Tomatoes