The draw for World Cup 2014 is complete, and now only a little more than sixth months of anticipation remain before kickoff on June 12.
Host nation Brazil, who have won a record five World Cups, are the overwhelming favorite to win their sixth title next summer as they look to become the first country to win the World Cup on home soil since France did it in 1998.
But Brazil had to settle for second the last time they hosted the World Cup in 1950.
Will history repeat itself six decades later?
Below we'll highlight the top favorites to watch for and break down each team's odds to win it all next summer.
*Odds according to skybet.com.
World Cup 2014 Groups
Knockout Stage Bracket
The host nation will enter 2014 as the favorite to hoist the World Cup title for the first time since 2002.
Led by one-name superstar forwards Neymar, Robinho and Hulk, Brazil boast an immense amount of individual talent that have many jumping on the bandwagon months in advance.
Even Brazil head coach Luiz Felipe Scolari has already predicted his side will triumph next summer. The oddsmakers agree with him, though, as Brazil sport 3-1 odds to win it all in 2014.
Brazil's dominant performance at last summer's 2013 FIFA Confederations Cup certainly suggests they are capable of beating the world's best on the grandest stage when the lights are at their brightest. But the World Cup is a massive step up in terms of pressure.
If 2014's squad can avoid being swallowed up by the hype like past Brazil teams in 2006 and 2010, there's no reason to believe they aren't capable of winning it all.
Following back-to-back disappointing third-place finishes in South Africa and Germany in 2010 and 2006, respectively, Germany appear poised to take the next step and bring home the country's first World Cup championship since 1990.
Joachim Low had this to say about his team's group and a looming matchup versus the United States, via CNN's James Masters:
So, we will be meeting old friends.
It's already something special to have the USA in our group.
Jurgen and I have had a very good and close relationship for a long time.
We have always exchanged ideas on a regular basis, but that will certainly change before the World Cup match.
An offensive juggernaut, Germany dominated their UEFA World Cup qualifying group, winning nine of their 10 matches and scoring more goals than any other team on the continent. Joachim Low's squad averaged a ridiculous 3.6 goals per match and will look to continue their onslaught in South America.
Bayern Munich star Thomas Mueller and Arsenal's Mesut Ozil are two exceptional talents to watch for in the midfield. Both are capable of sparking Germany next summer, and Mueller in particular has already proven he can play his best football on the biggest stage, earning Golden Boot honors with five goals in South Africa in 2010.
As a result of their attacking brilliance, Germany has 6-1 odds to win it all.
The reigning World Cup champions may not be receiving a ton of love from the oddsmakers, but they'll be content to do their talking on the pitch next summer.
Having won back-to-back European Championships in 2008 and 2012, Spain have proven to be the most consistent squad in Europe and one of the most dangerous around the globe.
In addition to the wealth of talent at head coach Vicente del Bosque's disposal, Spain's playing style suits their personnel extremely well. The short passing game allows La Roja to dominate possession, generate high-percentage shots and reduce their opponents' scoring opportunities.
Even with 30 minutes of extra time in the 2010 World Cup final, the Netherlands were only able to muster a total of 13 shots against Spain, who possessed the ball for 57 percent of the match.
Spain will carry 7-1 odds to Brazil in 2014.
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