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Janet Jackson is reportedly engaged to her very wealthy boyfriend Wissam Al Mana and they're planning to tie the knot in the next few months!

The 46-year-old performer is said to be very eager to marry her Qatari billionaire and to start a family.

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"She wants kids. If she can't have them, she will adopt," an insider told Us.

Wissam apparently "gave her a huge, expensive ring" earlier this year.

"She's afraid it will get lost, so she keeps it locked up!" the source added.

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The 37-year-old business mogul is arranging a lavish wedding that "will cost millions" and no expense is going to be spared.

"He is flying in all of Janet's friends and family on private jets," the source said. "He wants to get a top chef to create a custom menu."

Janet has been hot and heavy with Wissam after splitting from music man Jermaine Dupri back in 2009.

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