She is also nominated for an Oscar for her work on Mad Max: Fury Road, having previously won for A Room with a View.
The Veep star, who has been recognised at the ceremony for all four seasons of the HBO satire, now has six Emmys, having previously won for Seinfeld and The New Adventures of Old Christine – placing her in a tie at the top of the all-time Lead Actress list with Mary Tyler Moore and Candice Bergen.
Although it lost out to Ken Loach's I, Daniel Blake for the festival's top honour, the Palme d'Or, American Honey made Arnold a three-times winner of the event's jury award – having previously won for her feature debut Red Road, as well as Fish Tank.
Chris Munro picked up his second Oscar, after having previously won for "Black Hawk Down".
Christoph Waltz received the Academy Award for Best Supporting Actor, the Golden Globe Award for Best Supporting Actor, and the BAFTA Award for Best Supporting Actor, his second time receiving all three awards, having previously won for his role in Tarantino's Inglourious Basterds.
His last film Nebraska was nominated for six Oscars and Payne has previously won before for co-writing the scripts for Sideways and The Descendants.
O has previously won acclaim for her work outside of Yeah Yeah Yeahs, and last year, her track Moon Song, which featured in Spike Jonze's Her, won an Oscar nomination for best original song.
Collisions is the first VR work by immersive film maker Lynette Wallworth, who has previously won acclaim for her interactive video installations.
Peter Dinklage, who has previously won an Emmy for his role as Tyrion Lannister, won for best supporting actor in a drama again tonight.
