The actress has chosen a line from Joel's 1989 hit 'I Go To Extremes' to be printed on her ribcage, according to TMZ.
Lohan got her new body art inked at Shamrock Tattoos in Los Angeles. The lyrics from the song are: "Clear as a crystal, sharp as a knife, I feel like I'm in the prime of my life."
A source said that Lohan chose the lyric because "it represented where she is in life and everything she's been through", adding: "It signifies that she's focused."
Lohan has previously had tattoos of Marilyn Monroe quotes which read: "I restore myself when I'm alone," and "Everyone's a star and deserves the right to twinkle."
Lindsay Lohan recently sued Pitbull over a lyric in his song 'Give Me Everything'.
Watch the video for Billy Joel's 'I Go To Extremes' below: