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Mario Lopez has taken his pageantry duties to an entirely new level — by handing out breast implants at a nightclub contest.

After hosting Miss Universe and Miss Teen USA this year, the 34-year-old will emcee Monday’s “Boob or Bust 2 — Go Big or Go Home!” contest at Las Vegas hot spot Jet Nightclub. There, mammary-challenged ladies will vie for $5,000 to be used for a breast augmentation.

So just how will the ladies compete?

“Each time a person with a table buys a bottle, they’ll receive $5,000 in ‘Boob Bucks,’” an insider tells OK!. “The girls then have to flirt or do whatever it takes to get the preprinted Boob Bucks from the men at their tables. The winner is the one who collects $3.5 million.”

And Mario, who captured girls’ hearts on Saved by the Bell and wowed fans with his nifty moves on Dancing With the Stars, was the perfect choice for the event, now in its second year. According to the insider, the muscle-bound heartthrob is “always up for a party” in Sin City.

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