The 12-team tournament, which runs from June 12 to July 12, includes all 10 teams from South America plus invited guests Australia and Qatar, who were the final sides to be placed in groups.
Argentina will open the 2020 Copa America with a blockbuster clash against Chile in Buenos Aires.
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Australia's only win against Argentina in a men's worldwide came in 1988 when it famously triumphed 4-1 in Sydney, with Arnold featuring in the home side's line-up.
'Argentina need the title, more than just Messi, ' Scaloni said.
Australia are one of two guest nations competing in the tournament along with Qatar.
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Following the 2020 Copa America, the tournament is set to be held every four years with the next edition scheduled for 2024.
While the draw took place on Tuesday, the nations already knew nearly all of their opponents with teams split into zones for next year's tournament in Argentina and Colombia.
Notably, Argentina last won the Copa America title in 1993 and since then they have finished as runners up four times in 2004, 2007, 2015 and 2016.
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