The sexy model, Elizabeth Jagger who is the spitting image of her mum, appears naked in the men's magazine - as Lizzy.
Her six-page, eight photo spread inside features 27-year-old Jagger baring all and seductively smoking a cigarette.
She admits she had no problems getting naked for the Playboy shoot, telling the publication, "I feel comfortable expressing myself through my body... I'm kind of a topless person. I'm quite European."
And Lizzy insists her parents Mick Jagger and Jerry Hall were OK about her stripping off: "They understand that when you don't know when you're going to have kids, it's nice to have wonderful pictures of your 20-something self."
But not everyone appreciates her natural nakedness - she reveals she has avoided a couple of citations in America for taking her clothes off.
She explains, "They could tell I was foreign, (so) they understood."