The 2018 Michael Jackson Video Vanguard Award honoree is none other than Jennifer Lopez.

MTV made the official announcement Tuesday via Facebook, adding that she is also scheduled to return to the VMAs stage for a live performance for the first time in 17 years. Past honorees include Kanye West, Rihanna, and Justin Timberlake. "It is amazing," Lopez told Sway during Tuesday's livestreamed announcement event. "Growing up on MTV and watching all my idols get this award, to be the recipient this year is, I can't believe it. I'm so excited."

Catch the VMAs Aug. 20, airing live from Radio City Music Hall. J.Lo is up for several additional honors, including Best Collaboration for her "Dinero" video featuring Cardi B and DJ Khaled. Previously, she's bagged VMAs for "Waiting for Tonight" and "I'm Real (Murder Remix)."

"My life is full of loving and joyful people, and my workplace is filled with adventure," Lopez told Harper's Bazaar in March of the hectic pace of the multi-hyphenate lifestyle. Next for Lopez is the Peter Segal-directed comedy Second Act alongside Leah Remini and Vanessa Hudgens. She's also set to take the lead in NBC's upcoming live production of Bye Bye Birdie. Though originally slated for both a 2017 and 2018 unveiling, the special was pushed back "until 2019 at the earliest" back in March.