The issue -- which will include an eight-page nude pictorial featuring Krupa -- is set to hit newsstands on November 13.
Krupa and her professional partner Derek Hough are still one of seven couples in the running forDancing with the Stars ninth-season mirror ball trophy. In addition, Krupa also competed on ABC's The Superstars reality competition series this summer.
The 30-year-old supermodel will split her Playboy cover with E! talk show host Chelsie Handler -- who is keeping her clothes on and appearing in the men's magazine for a holiday guide.
Krupa's cover will be sent to subscribers and be available on newsstands, while Handler's will only be available on newsstands, according to People.