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Chance the Rapper, Phoenix, and Tool to headline this year's Governors Ball

Get your wallets ready: The lineup for New York's annual Governors Ball Music Festival was announced Wednesday. Tool, Chance the Rapper, and Phoenix will headline the festival, which runs from June 2-4 at Randall's Island Park in New York City. Lorde, who last toured in 2014, and Childish Gambino, who has yet to tour his new album, will also perform, as will Wu-Tang Clan, Beach House, and Franz Ferdinand.

Tickets go on sale Friday, Jan. 6 at 12 p.m. EST. In the meantime, check out the full lineup below. Becca Stanek