Most Expensive Margarita Ever Unveiled for National Margarita Day

PHOTO: The London NYC hotel debuted its "Billionaire Margarita" recipe, pictured here.PlayThe London NYC
WATCH Sign of the Times: 'Margarita Man'

Break out the limes, salt and tequila, because it's National Margarita Day!

One hotel is offering an exclusive margarita for the holiday -- and it could break records for the priciest margarita ever.

The London Bar, which is set within luxury hotel The London NYC, has debuted its signature drink, the "Billionaire Margarita." According to the hotel, the "Billionaire Margarita" features premium ingredients including Patrón en Lalique Serie 1 and Louis XIII. Oh, and it comes with a price tag of $1,200.

Jayson Goldstein, The London NYC’s director of Food & Beverage, is the mastermind behind the "Billionaire Margarita." He revealed that the lavish drink will only be offered as the Patrón en Lalique Serie 1 is available. “With only 500 bottles of the spirit produced, once it’s gone – it’s gone,” Goldstein said.

You can try making the "Billionaire Margarita" on your own with this recipe provided by The London NYC, or try one of these other tasty recipes in honor of National Margarita Day.

The London NYC's "Billionaire Margarita" Recipe.

PHOTO: The London NYC hotel debuted its Billionaire Margarita recipe, pictured here.The London NYC
The London NYC hotel debuted it's "Billionaire Margarita" recipe, pictured here.

Mariano "Margarita Man," Martinez's Classic Margarita Recipe

PHOTO: A frosted glass of a margarita cocktail served with ice and slice of lime with whole limes at side is pictured in this undated photo.Eye Ubiquitous/UIG via Getty Images
A frosted glass of a margarita cocktail served with ice and slice of lime with whole limes at side is pictured in this undated photo.

Laylita's Strawberry Margarita Recipe.

PHOTO: The Laylita blog created a strawberry margarita recipe, pictured here. Layla Pujol, Laylita.com
The Laylita blog created a strawberry margarita recipe, pictured here.

Miss in the Kitchen's Pineapple Margarita

PHOTO: The Miss in the Kitchen blog created a pineapple margarita recipe, pictured here. Milisa Armstrong, Miss in the Kitchen
The Miss in the Kitchen blog created a pineapple margarita recipe, pictured here.

George Duran's Virgin Watermelon Margarita Recipe

PHOTO: Watermelon Margarita is pictured here in Toronto on July 26, 2009. Steve Russell/Toronto Star via Getty Images
Watermelon Margarita is pictured here in Toronto on July 26, 2009.