A San Diego woman who is auctioning off her virginity said she has now received a bid of $3.7 million, according to a published report.

Natalie Dylan, a 22-year-old San Diego woman, said she got the idea for the auction after her sister was able to pay for her college education after prostituting herself for three weeks, according to the London Telegraph.

Dylan has a degree in women's studies. She told the paper she hopes to pay for an advanced degree in family and marriage therapy with the proceeds from the auction.

She told the Telegraph that she doesn't think she's the only one who will be benefit from the auction.

"I think me and the person I do it with will both profit greatly from the deal," Dylan told the paper.