First, the jacket needs to be fitted and flashy, it’s NYE for crying out loud. And nothing says ‘flashy’ like sequins.
Next, the shirt should be a low-cut white tank (I prefer burnout over a ribbed wife beater for this look) tucked into a pair of black, fitted cigarette style pants. A satin stripe down the leg would be awesome too, wouldn’t it?
And instead of a classic bowtie, I'd go with a bowtie necklace that hangs lower and is slung somewhere near the cleavage area.
On the feet, I think a pair of suede or patent leather wedges vamp up the look quite nicely and they'll be a lot easier to walk/dance the night away in.
Diamond stud earrings and a killer clutch and you're all set to make bad decisions with good friends. *boom*
Since the tuxedo makes a statement on its own, you'd wanna keep the makeup simple; neutral eyes, black eyeliner, a shit ton of black mascara and red lipstick (duh). If you’re too scared to do red lips, a nude, shimmery lip works as well. Keep the hair simple too, pulled back or up into a sleek bun, like those chicks in those Robert Palmer videos. And, let’s face it, wouldn’t it be nice to be wearing pants instead of a torn dress on that walk of shame to your house the next morning? I thought so.