This is the Jennifer Lopez news we’ve all been waiting for

Congratulations are definitely in order!

Jennifer Lopez is one of the most talked about women in the world, from her iconic red carpet looks and sassy remarks to her relationship with American baseball player Alex Rodriguez (A Rod).

Last week the Jenny From The Block singer turned 49, living her best life in the Bahamas with her family as she reigned in her birthday in style.

But it wasn’t her birthday or her love life that got the attention of the world this week. Instead, all eyes were on the Get Right singer as she was given a very important honour.

That’s right. J-Lo will receive The Michael Jackson Video Vanguard Award at the MTV Video Music Awards next month, following in the footsteps of Rihanna, Justin Timberlake and Madonna to name a few.

‘On August 20, the 2018 VMAs will honour the incredible J-Lo with the Video Vanguard Award,’ MTV announced on Instagram, an honour that the singer certainly didn’t take lightly.

‘I grew up in the MTV era,’ she announced in an emotional statement during MTV’s Facebook Live interview. ‘I was watching all the way back from Tina Turner, Bruce Springsteen and Madonna and Janet [Jackson] and Michael [Jackson], all of them. They were my inspirations to get into the music business, to do what I did. Their videos inspired me to do the videos I did.’

She continued: ‘Now, to be 20 years in and here and winning this award, it's just mind blowing.’

And the good news just keeps coming for J-Lo, as she has also been nominated for two VMAs for her new single, Dinero - and to boot, she will be performing on the night.

Congratulations J-Lo.

August 20th can’t come soon enough!