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Playboy Magazine presented the 2014 Playmate of the Year and unveiled her photo on the cover of the magazine's June issue at a luncheon on the grounds of the Playboy Mansion in Los Angeles on Thursday.

This year's Playmate of the Year is Kennedy Summers, 27. The Berlin-born, Virginia-raised model holds a bachelor's degree in anthropology, a master's in health administration and is presently working toward a M.D. with plans to become a plastic surgeon. She also speaks fluent French and German.

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She will be featured in the June issue of Playboy Magazine along with landing her picture on the magazine's iconic cover. This year is the magazine's 55th Playmate of the Year. Playboy began naming models to the honor in 1960.

Along with the title, Summers receives $100,000 in prize money, an Oris Artelier Date Diamonds watch with a stainless steel case set with 72 diamonds and a one-year lease on a Mini John Cooper Works Roadster.

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