PokerStars MICOOP begins on February 20 with $1 million in total guaranteed prize money.

Just over a week after launching the first regulated online poker site in the state of Michigan, PokerStars has announced the inaugural Michigan Championship of Online Poker.

PokerStars’ marquee series is coming to the Wolverine State beginning on February 20 and running through March 8. It features 60 tournaments with buy-ins ranging from $20 to $500 and a total of $1,000,000 in guaranteed prize money.

“Coming off the launch of our real-money gaming brands in Michigan, it is clear that players want the world-class offerings that online PokerStars can bring,” said FOX Bet CEO Kip Levin. “As the sole online and mobile poker product in Michigan, our commitment and investment in PokerStars is vital as we aim to bring all aspects of a great customer experience to the poker community. We are excited for Michiganders to join our most popular series and crown our first big winner who will join in the prestigious footsteps of other Championship of Online Poker (COOP) champions.”

Modeled after PokerStars’ annual World Championship of Online Poker (and SCOOP), MICOOP is similar to the series run in both Pennsylvania and New Jersey, where PokerStars also operates. The festival offers players a hefty dose of No Limit Hold’em Tournaments with the opportunity to play other poker variants that the online pokers site excels at including Pot Limit Omaha, Omaha Hi/Lo, 8-Game Mix, H.O.R.S.E., Stud Hi/Lo, and 5 Card Draw.

Multiple tournaments run on each day and bring a mix of formats including Turbos, Deepstacks, and Progressive Knock-Outs. It all builds to the March 7 two-day, $300 buy-in Main Event with a $125,000 guarantee.

Other schedule highlights include a $500 buy-in High Roller with a $35,000 guarantee, the $250 buy-in Sunday Special with a $50,000 guarantee, and the $50 buy-in Mini Main Event.

In hopes to maximize the number of players who get to participate, PokerStars has satellites starting for as little as $2 as well as promotions to help players enter the series for next-to-nothing. Players who deposit $30 or more using the promotional code “MICOOP” before March 7 will be awarded a ticket to the Main Event Depositor Freeroll tournament in which 35 seats to the $300 Main Event will be given away.

Additionally, any player who plays in any of the MICOOP tournaments and goes broke before making the money will be awarded a ticket to a “Second Chance Freeroll”. Players need not even be online to order to participate in these events in which players are forced all-in every hand and the winners are awarded additional prizes, including tickets to future MICOOP events.

Players looking to play in the upcoming MICOOP do not need to be living in Michigan, but they do need to be physically located inside the state’s borders to play. A full schedule of events can be viewed in the MICOOP tab in the PokerStarsMIUS client.