BOSTON (CBS) – A fully-vaccinated resident in Massachusetts will walk away with $1 million before taxes Monday in the very first VaxMillions giveaway.

This is the first of five drawings set for the next five Mondays with the winners announced three days later on Thursdays.

READ MORE: Boston Celebrates Life And Legacy Of Dr. Martin Luther King Jr.

In addition to the $1 million drawing there will also be a drawing every Monday for a $300,000 college scholarship for a fully vaccinated resident between the ages of 12 and 17.

If you haven’t registered yet, you can still sign up for the last four drawings at  The state created the lottery to encourage more people to get vaccinated against coronavirus. More than two million fully-vaccinated Massachusetts residents have signed up so far.

READ MORE: Arizona Mother Worried Son's Surgery In Boston Will Be Rescheduled Again Due To COVID

If you’re one of them, you have some pretty good odds, about 400,000 to 1, Governor Charlie Baker’s office told WBZ NewsRadio 1030. That’s much better than the regular lottery where Mega Millions odds are 300 million to 1.

If you win any of the drawings, remember you’ll only have 24 hours to respond from the time the Department of Public Health reaches out to notify you in a phone call, text or email.

If the winner doesn’t respond in 24 hours, he or she will forfeit the prize and an alternate winner will be chosen.

MORE NEWS: How Long Should You Wait To Be Boosted After Getting COVID? Dr. Mallika Marshall Answers Your COVID Questions

For more information on all the rules, visit Staff