The eyes have it! Mila Kunis is officially the Sexiest Woman Alive, as per Esquire Magazine.

Wearing nothing but jeans and a smoldering look, the 29-year-old actress graces the cover of the magazine's November issue. Judging by the photograph, it's clear the Ted star is bringing sexy back.

Kunis earns the title from last year's winner, Rihanna, and she takes the flattering news in stride.

"If I wanted to charm the pants off you, I could," said Kunis, in her cover story with Esquire. But, the Ukrainian beauty also knows not to take the honour too seriously.

"I think that if I bought into the hype, I would lose all sight of who I am, and so much of who I am is what my parents went through and instilled in me," said Kunis. "And I never want to lose that. Ever. Because I would be so disappointed if I didn't make them proud."

As per tradition, Kunis poses for a sexy, lingerie-filled photo shoot and shares a story or two in a new tell-all interview. The Black Swan star dishes on growing up, politics, photo shoots gone awry and more in the magazine's new issue, which hits newsstands on Oct. 16.

Last November, a cyber uproar broke out after Bradley Cooper was dubbed People Magazine's Sexiest Man Alive instead of his The Place Beyond the Pines co-star, Ryan Gosling. This time around, though all may not agree with Esquire's choice, it is hard to argue with Kunis' blend of effervescence, talent, and of course, sex appeal.

Recently, she has been making headlines for her high-profile, PDA-packed romance with her That '70s Show co-star, Ashton Kutcher.

Kunis is due for a big year in 2013, with four movies scheduled for release, including Oz: The Great and Powerful -- a reunion with James Franco, who played her husband in the 2010 screwball comedy, Date Night.

What do you think? Is Mila Kunis the Sexiest Woman Alive?

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