LAS VEGAS (December 20, 2012)—Miss USA Olivia Culpo, 20, a beauty queen from Rhode Island, has been crowned the new Miss Universe.

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 took 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.