McDonald’s will be giving one lucky winner their own McGold Card, which grants the holder free McDonald’s for life, the company announced online.

According to the brand’s website, customers will receive one entry every time they pick up an order that they’ve placed via Mobile Order and Pay on the McDonald's app, beginning August 10 to August 24.

After that timeframe, one winner will be chosen at random to receive the McGold Card, which will be presented in the form of "up to two meals per week for 50 years, awarded as a $1,000 credit on winner’s McDonald’s App and $35,400 cash, plus $15,600 to offset taxes on the prize, awarded as a check for $51,000."

Additionally, the winner will also receive a custom, one-of-a-kind 24-karat gold-plated McGold Card phone case.

This exclusive perk was reportedly first created by a franchise owner in 1965, and according to Today, other noteworthy card holders include actor Rob Lowe, whose card is good for locations in Santa Barbara and Goleta, California, as well as moguls Warren Buffett and Bill Gates, rumored to have a globally-accepted McGold Card.

For more details on the contest, click the bar below.

Previously, McDonald’s celebrated the Big Mac’s 50th birthday with a burger currency, MacCoin.

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