From 8 February, the tournament, hosted by Swedish B2B provider Scout Gaming, will run over two consecutive English Premier League game weeks.
However, both weeks will be played separately, so finalists will be able to create a brand-new team for week two without incurring any penalties.
The winner of the tournament will receive €100,000, while second place will net its recipient €60,000 and third €35,000.
In fact, as long as participants place 121st or higher, they will win a tidy sum, though more than half of the total prize pot will be awarded to the top seven players.
More than 500 teams will compete to be crowned World Champion. Most participants have already battled their way through a series of satellite tournaments that took place in the fourth quarter of 2021.
Scout claims to have developed an “optimal satellite structure” with entry from as little as €2, intended to give as many people as possible a chance to compete in the World Championship.
“We are incredibly thrilled about the World Championship of Online Fantasy Football on the Scout Network,” said Andreas Ternström, Scout Gaming CEO.
“Our network is the best place to host such a prestigious event with life-changing prize money for the winners.
“All B2B clients connected to the Scout Network have access to our big-guarantee tournaments and we will continue to grow the Scout Network and prize pools in 2022.”