WWW- A million bucks isn’t enough to get recently rehabbed beauty queen Tara Conner to bare all.

Donald Trump and his pageant pet negotiated with Playboy but ultimately turned down the magazine’s offer for Conner to pose nude, Trump’s office confirmed yesterday.

The controversial Miss USA made headlines in December when pageant boss Trump almost made her turn in her tiara over her hard-partying ways, then relented on the condition that she seek treatment. Conner, 21, recently completed a stint in a Pennsylvania rehabilitation facility.

Earlier this month, Trump announced that Playboy was considering Conner for its cover and that he was still considering it. Trump also said that if the Kentucky native did pose it would be “Playboy-lite” – or not entirely nude.

Now negotiations have shut down.

“She just didn’t feel it was appropriate. She will not be doing Playboy,” said Trump spokeswoman Rhona Graff.

Conner is expected to discuss the Playboy offer during a live interview tomorrow with Matt Lauer on NBC’s “Today” show.

There was no immediate comment from Playboy, but a magazine source said it doesn’t make offers that big.

Maybe the mag should call dethroned Miss Nevada Katie Rees, who lost her crown over raunchy photos showing her semi-nude and kissing other women. The 22-year-old said she is looking to cash in on the scandal.

“I’m cashing in on my experience, trying to make the most of it,” Rees, told the TV show “Extra.”

As for Conner being offered a cool million to pose for Playboy, Rees laughed, “A million! I wasn’t offered a million dollars. I’m going to hold out.”