The premiere of I Love Money began with the 17 rejects on a boat heading to their Mexican island where they will compete in a series of challenges until one person walks away with $250,000.

The contestants were divided into two teams of eight.

Speaking of Megan Hauserman, she hails from Boca Raton, Florida and is 24-year-old. She is also a Playboy model who was named the Playboy Cybergirl of the Week in February 2006.

She debuted on reality television's Beauty and the Geek season 3, and she was in VH1's dating series, Rock of Love 2, where she competed against 19 other women for the affections of rock star Bret Michaels.

There are two sets of photos. View them here and here.