David O. Russell, Jennifer Lawrence

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Third time's a charm!

Jennifer Lawrence is teaming up with David O. Russell once again for the film currently titled, Joy.

The rags-to-riches tale about Miracle Mop inventor Joy Mangano is set to be released on Christmas in 2015.

Mangano, a Long Island single mother of three children, became a millionaire practically overnight after launching the product on QVC.

Her multi-million dollar company has since grown exponentially with her other inventions—like Huggable Hangers—and HSN partnerships.

J.Law first opened up about starring as the lead role during an appearance on Live! With Kelly and Michael

"He recently texted me at, I think, 4 in the morning, and was like, 'I think I want to make a movie about the woman who invented the [Miracle] Mop. You want to do it?' And I was like, yeah," Lawrence said.

"I could just imagine David looking at somebody mopping and being like, 'Yeah, that's my next screenplay.'"

Russell previously directed Lawrence in Silver Linings Playbook and American Hustle.

And it seems that the two have good luck working with one another.

J.Law won an Academy Award for her role in Silver Linings and was nominated for her performance in American Hustle.

Meanwhile, Russell was nominated for an Oscar in the Best Director category for both movies. Sounds like Joy has all the makings of a strong contender for awards season, right?!

Anne Mumolo, who co-wrote Bridesmaids, wrote the script for Joy.

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