Janet & Wissam via Twitter

Looks like Janet Jackson is having a very merry Christmas. According to celeb glossy, Us Weekly, Miss Jackson (if you’re nasty) is trading in her single status for a Qatari billionaire who decided to put a ring on it.

US Weekly reports that Janet’s beau, 37-year-old Wissam Al Mana, popped the question with a “huge, expensive ring” that is so big Jackson is scared to wear it for fear it’ll get lost.

Word on the street is Jackson and Al Mana are gearing up for a multi-million-dollar Spring extravaganza that will include the entire Jackson clan, Al Mana’s family, and an gourmet menu created by a top chef. Sounds divine.

When Janet and Wissam jump the broom, it’ll be the music legend’s third trip down the aisle. She was briefly married to James DeBarge in the mid-1980s and Rene Elizondo from 1991-2000.

Here’s hoping that the third times the charm for Janet!

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