Lil Yachty has announced that his third LP is finished and ready for release. Yachty posted on Instagram that his Lil Boat 3 album will drop on May 29, and posted the cover art on his social media. In the tagline, it reads “the third and final installment in the Lil Boat series” meaning that Lil Boat’s next LP will begin a new chapter. In the social media post announcing the release date, Yachty also noted that Lil Boat 3 will feature 19 new songs. Yachty dropped his latest single “Oprah’s Bank Account” featuring Drake and DaBaby in March, on the 2 year anniversary of the release of Lil Boat 2.