The Country Music realm is always full of fun songs and great spirits, and the 2012 CMT Music Awards nominations were released earlier this morning (April 23).

And it’s no surprise that perennial favorite Carrie Underwood has the most nods this year, competing in a total of five categories.

Given her massive record sales and multiple sold-out tours, it’s no wonder Taylor Swift nabbed the #1 spot on Billboard’s “Music’s Top 40 Money Makers” list.

The “Should’ve Said No” songstress reportedly raked in a hefty salary of $35.7 million for the 2011 year with combined songwriting royalties, an $88.5 million-grossing Speak Now world tour, and her quadruple platinum album.

Every year it’s a sight to behold, and the 45th Annual CMA Awards definitely didn’t disappoint tonight (November 9).

With hosts Carrie Underwood and Brad Paisley helming the ceremony, the evening was packed full of great music, banter, and plenty of celebrity sightings.