Info Error occurred during initialization of VM (On ARM64 bit WIn 10)

We have a new laptop Lenovo (see attached Laptop.PNG for Specs), and we just bought the new Java Edition MineCraft.

When the game is launched (-Xmx3G or -Xmx2G heap) we get the same error per below:

[Info: 2019-09-25 00:52:34.9391631: ClientHandler.cpp(174)] DoClose: known browser removed.
[Info: 2019-09-25 00:52:34.9394437: ClientHandler.cpp(184)] DoClose: main browser removed.
[Info: 2019-09-25 00:52:34.9949108: ClientHandler.cpp(196)] Entering OnBeforeClose!
[Info: 2019-09-25 00:52:34.9951399: ClientHandler.cpp(198)] OnBeforeClose got past CEF_REQUIRE_UI_THREAD!
[Info: 2019-09-25 00:52:35.0933484: GameCallbacks.cpp(138)] Launcher/launcher (main) Info Error occurred during initialization of VM
Could not reserve enough space for 3145728KB object heap

[Info: 2019-09-25 00:52:35.0935996: GameCallbacks.cpp(138)] Launcher/monitor (Process Monitor) Fatal Process crashed with exit code 1

We tried to install Java 64bit to allocate more memory (2+GB), but since it is an ARM processor, we are not able to.

also tried to allocate 1.5GB with the same error:

[Info: 2019-09-25 01:11:54.1732397: GameCallbacks.cpp(138)] Launcher/launcher (main) Info Error occurred during initialization of VM
Could not reserve enough space for 1540096KB object heap

[Info: 2019-09-25 01:11:54.1734935: GameCallbacks.cpp(138)] Launcher/monitor (Process Monitor) Fatal Process crashed with exit code 1
[Info: 2019-09-25 01:11:54.1886976: GameController.cpp(321)] Game closed with id 2

Can you please advise how to address this issue?