LAS VEGAS (AP) - A 20-year-old beauty queen from Rhode Island has been crowned the new Miss Universe.

Miss USA Olivia Culpo beat out 88 competitors Wednesday night to win the title at the Planet Hollywood casino on the Las Vegas Strip.She strutted in a purple and blue bikini and a red velvet gown and answered a question about her regrets by saying she wished she hadn't picked on her siblings.

It was the 61th anniversary of the world's biggest beauty pageant.

Culpo takes the crown from Leila Lopes of Angola. Miss Philippines Janine Tugonon came in second while Miss Venezuela Irene Sofia Esser Quintero placed third.

The pageant aired live on NBC and was streamed to more than 100 countries.

  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, waves after being named the 2012 Miss Universe during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo (L), competes in the 2012 Miss Universe Pageant as singer/songwriter and dancer Timomatic performs at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

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  • LAS VEGAS, NV - DECEMBER 19: (L-R) Miss USA 2012, Olivia Culpo, Miss Australia 2012, Renae Ayris, and Miss Philippines 2012, Janine Tugonon, appear on stage after being named as top five finalists following the evening gown competition during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo (L), and Miss Australia 2012, Renae Ayris, react after being named as top five finalists following the evening gown competition during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: (L-R) Miss USA 2012, Olivia Culpo, is crowned the 2012 Miss Universe by Leila Lopes, Miss Universe 2011, as Logan West, Miss Teen USA 2012, holds Culpo's new sash during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, reacts after being named the 2012 Miss Universe during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, reacts after being named the 2012 Miss Universe during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, speaks at a news conference after she was named the new Miss Universe during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, speaks at a news conference after she was named the new Miss Universe during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, is introduced during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, competes in the swimsuit competition during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

    David Becker/Getty Images
  • LAS VEGAS, NV - DECEMBER 19: Miss USA 2012, Olivia Culpo, competes in the swimsuit competition during the 2012 Miss Universe Pageant at PH Live at Planet Hollywood Resort & Casino on December 19, 2012 in Las Vegas, Nevada. Culpo went on to be crowned the new Miss Universe.

    David Becker/Getty Images