It happens every year: After the list of models who will walk in the annual Victoria鈥檚 Secret Fashion Show is revealed, the next buzzy question is, 鈥淲ho will strut down the runway wearing the coveted $2M jewel-encrusted Fantasy Bra?

As of today, the secret鈥檚 out! Brazilian-born Angel, Lais Ribeiro, will don the glitzy brassiere for the 2017 VS show in Shanghai.

The 6鈥 1鈥 bombshell, 27, gushed about the news on Instagram, saying she is 鈥渂eyond honored鈥 to wear this year鈥檚 dazzling gold and aqua Champagne Nights bra, designed by revered jeweler Mouawad. It鈥檚 comprised of nearly 6,000 individual gems 鈥 including diamonds, yellow sapphires, and blue topaz 鈥 and weighs a whopping 600 karats.

NEW YORK, NY - NOVEMBER 01: Victoria's Secret Angel Lais Ribeiro reveals the $2 Million 2017 Champagne Nights Fantasy Bra on November 1, 2017 in New York City. (Photo by Dimitrios Kambouris/Getty Images for Victoria's Secret)

The VS veteran of seven years discovered she鈥檇 been selected to don the coveted bra during a regular fitting for the show a few months ago.

As per video footage of the sweet reveal, Ribeiro was shocked, ecstatic, and has been emotional ever since. 鈥淚 never cried so much in my entire life 鈥 and I have a baby,鈥 she says. 鈥淚 swear to God three days [after the fitting] I was like pinching myself literally like, 鈥楾his is not happening.鈥欌

LONDON, ENGLAND - DECEMBER 02: Models Adriana Lima (L) and Alessandra Ambrosio wearing the Dream Angels Fantasy Bras walk the runway at the annual Victoria's Secret fashion show at Earls Court on December 2, 2014 in London, England. (Photo by Michael Stewart/FilmMagic)

Ribeiro is in good company: Past wearers of the world鈥檚 most expensive bra include icons Adriana Lima, Candice Swanepoel, and Gisele B眉ndchen. With a league like that, we totally understand why the mom to nine-year-old Alexandre is so ecstatic. We can鈥檛 wait to watch her shine (literally!) on November 28.

What鈥檚 your favorite part of the Victoria鈥檚 Secret Fashion Show? Tweet us @BritandCo!

(Photos via Dimitrios Kambouris, Michael Stewart/Getty)