A lockset drilling guide and a method of forming holes in a door are provided. The drilling guide includes a frame and at least a first opening and a second opening defined in the frame. The first opening is positioned at approximately 90 degrees to the second opening. The frame is configured for positioning on a door to facilitate the forming of openings in a door for the installation of a lockset. The method includes the steps of providing a frame having at least a first opening and a second opening defined in the frame; positioning the frame on an edge of the door; inserting a first holesaw at least particularly into the first opening and drilling a first hole in the door; inserting a second holesaw at least partially into the second opening and drilling a second hole in the door; and removing the frame from the door.