The film's director, Michael Bay, also earned the Golden Raspberry for worst director.
Currently an Oscar nominee for "The Blind Side," Sandra Bullock snagged the worst actress Razzie for her work in the comedy "All About Steve" and shared the dishonor for worst screen couple with her "Steve" co-star Bradley Cooper.
The worst actor title was shared by the fraternal pop band The Jonas Brothers, who played themselves in "Jonas Brothers: The 3-D Concert Experience."
Supporting "winners" were Billy Ray Cyrus for his performance in "Hannah Montana: The Movie" and Sienna Miller for her appearance in "G.I. JOE: The Rise of the Cobra."
"Land of the Lost," which was nominated for a leading seven Razzies, won only the title of worst remake, sequel or rip-off.
In honor of the 30th anniversary of the Golden Raspberry Awards, "Battlefield Earth" was named worst picture of the decade, while Eddie Murphy was declared the worst actor and Paris Hilton won the Razzie for worst actress of the decade.
Winners were determined by mailing ballots to 657 voters in 47 U.S. states and 19 foreign countries, organizers said in a news release, adding, "The Razzies were created in 1980 as a logical antidote to Tinsel Town's annual glut of self-congratulatory awards by John Wilson, author of both 'The Official Razzie Movie Guide' and 'Everything I Know I Learned at the Movies.'"
The winners of the Razzies are traditionally announced on the eve of the Academy Awards presentation, which honors the previous year's best in film.