The huge cash prize has already fired quite a buzz in Ohio where a new photograph has emerged.
Bigfoot Project Investments, Inc. is offering the chance to win a $1 million 'Bigfoot Bounty' in exchange for "information leading to the capture or delivery of a bona fide Bigfoot."
The controversial challenge runs from April 2nd until December 25th.
So lucrative is the sum of money on offer in fact that the team behind the challenge have already found themselves being called out to Ohio to investigate a reported Bigfoot sighting in Girard.
The witness was Youngstown resident Xavier King who claimed he had been driving home recently when he caught sight of a strange creature.
"I had seen something, I don't know what it was, I had seen something, that's all I know. I got out and took a picture," he said.
Unfortunately, due to the fact that it has been submitted as part of the $1M challenge, the photograph has not been released to the public and probably won't be until the end of the year.
Whether anyone will have been able to claim the prize by then is yet to be seen.
Do you think Bigfoot is a real creature? Do you think Bigfoot is currently in Ohio? Share your thoughts with us in the comments section found down below.