HOLLYWOOD, Fla. -

Local poker players are about to get the chance to become mega-rich.

The Seminole Hard Rock Hotel & Casino announced on Friday that it is hosting the Seminole Hard Rock Poker Open with a guaranteed $10 million payout.

The casino brags that's the largest guaranteed poker payout in the world.

The main event tournament will take place from Aug. 22-29.

Players will have to pony up $5,300 to play in the main event.

As part of the $10 million guarantee, more than $1.5 million will go to the winner.