Check Out Anna Paquin's Engagement Ring!

Could she look any happier? True Blood star Anna Paquin was all smiles on Thursday, showing off her new engagement ring to photographers.

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The Oscar winner, 27, happily displayed her giant sparkler while taking her dog for a walk in L.A.

Yesterday, RadarOnline.com reported that the actress was engaged to her True Blood co-star Stephen Moyer, 39. The couple, who met during auditions for the hit HBO show, say they fell in love while playing their star-crossed characters, Sookie Stackhouse and Bill Compton.