After one of the most fiercely fought and close general elections in years Britain is facing a hung parliament – meaning the Conservative party won the most seats, but not enough to give them a decisive victory over Labour's Prime Minister Gordon Brown. Britain hasn't had a "hung parliament" - one with no majority since 1974.
David Cameron's Conservative party came in first, with at least 304 seats in race to get 326 seats out of the 650-seat parliament. Brown's Labour party came in second with 257. The Liberal Democrats came third, with at least 57. About two dozen seats went to smaller parties, and a handful have yet to be declared.
It's similar to a George Bush-Al Gore scenario being played out across the pond - except instead of the election ending with electoral votes being decisive over the popular vote - it will end with some closed-door meetings and attempts to form alliances to create a majority in parliament.
So what happens now?
OK, deep breath. So there's a hung parliament, and nobody has enough votes to govern decisively. Now the deal-making part comes in– and it could take a while. The leader of the majority party traditionally gets the first chance to form the government and become prime minister.
But if no party has a majority (as is currently the case), the sitting prime minister - currently Gordon Brown - has the right to stay in office and try to win a confidence motion in parliament.
Conservative leader David Cameron, who didn't win that majority, but leads the party with the most votes declared his center-right party had earned the right to govern.
So Cameron has some choices he's going to have to make on the way to potentially becoming the U.K.'s next Prime Minister.
What could the outcome be?
There are several possible outcomes for how the U.K. parliament will shake out - depending on the different types of deals that are offered. CNN's Peter Wilkinson gives an in-depth look at many paths the talks can go down and several end result possibilities.
Cameron could try to form a minority government or launch a partnership in a coalition government.
Where do they stand on forming a government now?
Here's the gist of where all three leaders stand in the early stages after the election:
The upper hand lies with Cameron. But who will emerge as the leader and how the government will gel could take some time to sort out.
When will there be a defined government and what will it mean?
It depends how quickly deals are made. Our partners at Time.com take a look at why the struggle to form a government may just be in beginning stages – in other words, hang on to your seats.
Time.com interviewed some Brits to get a sense on how they'd view a hung parliament. Some thought it would mean a stalemate on issues at a time when the U.K. needs decisive decisions and others hope it can bring the U.K. together to solve their problems.