Art Streiber/NBC/NBCU Photo Bank via Getty Nick Jonas
The star has been tapped to serve as the host and musical guest for the first time. “A dream come true. Let’s get it @nbcsnl!!” Jonas, 28, wrote on Instagram alongside his announcement. “See you February 27th!”
Also on Instagram, SNL referenced Jonas’ double duty by captioning their announcement, “NICK JONAS. NICK JONAS.”
Of course, this isn’t Jonas’ first time stepping onto the SNL stage.
Nick also previously performed on a 2016 episode of the show as a solo artist.
RELATED VIDEO: Priyanka Chopra Says She Wants ‘as Many’ Children as She ‘Can Have’ with Husband Nick Jonas
Priyanka Chopra Says She Wants ‘as Many’ Children as She ‘Can Have’ with Husband Nick Jonas
The famous couple recently celebrated their 2-year wedding anniversary
Want to get the biggest stories from PEOPLE every weekday? Subscribe to our new podcast, PEOPLE Every Day, to get the essential celebrity, entertainment and human interest news stories Monday through Friday.
Jonas’ SNL episode will also coincide with the release of his new single “Spaceman,” which will be dropping on Feb. 25.
Additionally, Jonas is returning to The Voice this season as a coach, which will be celebrating its 10th year on the air. The 20th season premieres on March 1.
Making things more exciting, the actor’s upcoming film Chaos Walking is also set to be released next month, premiering on March 5.