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Holly Madison Is Engaged! Check Out Her GIANT Ring

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June 25 2013, Published 2:06 p.m. ET

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Holly Madison is getting married to her boyfriend, Pasquale Rotella!

The former Playboy Bunny announced her big news on Instagram. "Thank you @pasqualerotella for the most special night of my life! I can't wait to be your wife ❤," she wrote.

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Pasquale, an event planner who started dating Holly in the fall of 2011, also let everyone know he is going to be a married man. "I know we have a set date already but I officially asked this morning. She said yes!!" he revealed on Instagram after proposing to Holly atop of a Ferris wheel in Las Vegas on June 23.

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The pair then stayed out all night to celebrate. "We rode around the festival on the art car until the sun came up! I couldn't have asked for a more wonderful or magical proposal!" Holly later gushed on her blog.

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And she couldn't help showing off her giant sparkler in this photo:

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Pasquale Rotella

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The happy couple also have another big reason to be over the moon: They became first time parents to their baby girl, Rainbow Aurora, when she was born on March 5.

After their August 14 wedding, expect to see Holly and Pasquale expanding their family. "I want to have three, then wait a few years for them to be older, then have another three," Holly has said of her baby plans.

Send the couple your congratulations in the comments section or on Twitter @OKMagazine.

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