The Scots secured their spot at the competition after beating Serbia on penalties in their play-off clash after 120 minutes of football left the two nations tied at 1-1.
Ryan Christie thought his goal had won his side the game but Luka Jovic equalised in the dying seconds of the regulation 90 minutes. Goalkeeper David Marshall proved to be the hero on the night as his penalty save secured a spot at their first major tournament since the 1998 World Cup and sent the Scottish fans into party mode as they flooded the streets to celebrate the achievement.
But just how far can they go in the competition this summer having been drawn in a difficult group alongside their bitter rivals, England?
Scotland Euro 2020 odds
This is the first time in 23 years that Scotland have made it to a major tournament so they are understandably priced at a huge 200/1 to win the competition.
There is no doubt the odds are stacked up against the Scots this summer. Having made it to the competition through the play-off stages, Scotland were placed in Pot 4 of the draw and are the lowest-ranked side in Group D.
Scotland’s potential path to Euro 2020 final
Scotland will face England, Croatia and the Czech Republic in Group D.
Clarke’s side kick off their Euro 2020 group stage against the Czech Republic, before games against England and then Croatia. The game against the Three Lions will be held at Wembley Stadium, however, their other two games will be played in Glasgow at Hampden Park.
Last 16: The second-placed side from Group F (Hungary, Portugal, France or Germany) in London on June 29.
Quarter-finals: The winner of Last-16 match 8, which is played between the winner of Group E (Spain favourites) and the third-place team in A, B, C or D.
Semi-finals:Likely the winner of Group C (The Netherlands expected) or the runners-up from Group A/B (likely contenders are Turkey, Wales, Switzerland, Denmark, Russia).
If Scotland qualify from Group D
If Scotland don’t win Group D, and still qualify, it can be a lot more complicated.
Last 16: The second-placed Group E side, which could be any of Spain, Sweden, Poland and Slovakia in Copenhagen on June 28th.
Quarter Finals: The winner of Last-16 match 6, which is played between the winner of Group F (which includes Portugal, Germany and France) and the third place in A, B or C, likely contenders for which are Wales, Turkey, Switzerland, Russia, Denmark, Ukraine and Austria.
Semi-finals: The winner of that Quarter Final will play the winner of Quarter Final Match 1, which could include the winner of Group A or Group B (expected to be Italy and Belgium, respectively).
If Scotland finish third in their group and do enough to be ranked among the top third-placed teams, they would play the winner of Group E and then join the path they’d take if they won Group E (talk about over-complicating things!
There are no major surprises in Steve Clarke’s squad for the European Championships and the major positive for supporters is the inclusion of Scott McTominay, who picked up a knock while playing for Manchester United the night before the squad announcement.
Andy Robertson of Liverpool is considered to be one of the star men, but there are also some highly exciting youngsters included in the squad including Chelsea’s Billy Gilmour and Celtic’s David Turnbull.
Scotland Golden Boot odds
Southampton’s Che Adams is Scotland’s favourite to get his hands on the Golden Boot trophy this summer. Adams has only recently declared for the Scotland national side and opened his account for his country in their World Cup Qualifier against the Faroe Islands in April.