Lindsay Lohan is finally taking the plunge in Playboy for a payday said to be close to $1 million. Is this the beginning of the end to her career, or is it the beginning of a career revival?

Lohan was once one of Hollywood’s promising teen actresses, but her career today looks more like another teen has-been, Tara Reid.

Reid had early success, but a succession of public episodes, heavy drinking and botched plastic surgery sent her on a one-way trip to the D-List.

Along the way she posed for a photo spread in Playboy, hoping to reignite her career. Careerwise, a Playboy pictorial can cut both ways, and a number of stars have posed for the magazine.

Check out Lindsay’s photos; click to enlarge.

Lindsay Lohan for Philipp Plein

As for Lindsay, one thing is certain, she can use a nice payday.

The deal for her to pose nude in Playboy will reportedly net her close to $1 million, according to gossip site, TMZ, which confirmed the shoot.

The financially strapped men’s magazine initially offered her $750,000, but Lohan reportedly demanded $1 million and the two settled somewhere in between.

At that price, the shoot will undoubtedly include full-frontal nudity. Typically Playboy will negotiate a lower price if the photo spread only involves partial nudity.

No word yet on which issue Lindsay will be featured in, but she will almost certainly get cover treatment.

The shoot started over the weekend, which means the magazine is probably shooting for its end-of-the-year issue, or for its Jan. 2012 issue.

Meanwhile, Lohan continues to move forward with her community service obligations at the Los Angeles morgue.

She said she wants to get her legal problems, including recent theft charges, behind her so she can resume her career.

Because of her flighty behavior and trips to rehab for substance abuse, she has had difficulty getting insurance to work.

Recent reports claim she is hard up for money, although she recently bought, or leased, an expensive Porsche luxury car.