Jamie Lynn Spears Engaged to Boyfriend Jamie Watson, See Her Extravagant Ring! [PHOTO]

Jamie Lynn Spears, Britney's little sister is engaged to boyfriend of three years, Jamie Watson.

Spears excitedly announced the good news last night on Twitter stating, "Guesssss what??????" along with a photo of herself hugging her fiancé, 30 while flashing her engagement ring.

Few minutes later she followed with a close-up of the extravagant round-cut diamond. "He did good," she wrote with a smiley emoticon.

This marks the second engagement for Spears, who has been previously engaged to Casey Aldridge the father of her 4-year-old daughter Maddie. The pair split permanently in early 2010.

News of engagement comes to Spears family only a few weeks after Britney, 31 and fiancé Jason Trawick called off their wedding.

The former Nickelodeon star was just 16 when she announced her pregnancy and pushed her rising popularity for the next few years to focus on settling for a quiet life to raise her daughter.

In 2011 she moved to Nashville, where she has been pursuing a career in country music. There has been no date announced yet for the wedding.