Brit’s on the cover of the April 6th issue of People Magazine with an adorable shoot with Preston, Jayden and Charlie. Britney opens up in this issue on how she is in a very good place right now, raising her children and whether she will marry again.

Britney confirmed to People magazine that her single with Iggy Azalea is set to release May 5th.

It comes out this Friday!

A hit Las Vegas show. Two happy, rambunctious boys. A hot new boyfriend who adores her. In short: life for Britney Spears has never been better.

“I’m the happiest I’ve ever been,” Spears, 33, tells PEOPLE in this week’s exclusive at-home cover story.

While her long-running Planet Hollywood residency is a big hit — the show has grossed nearly $50 million in ticket sales in a little more than a year — the superstar’s true passion is being a mother to Sean Preston, 9, and Jayden James, 8. “My kids come first in my life, bottom line,” says Spears, who shares parenting duties with her ex-husband, Kevin Federline.

As a hands-on mom, Spears has a lengthy to-do list: play dates, soccer games, gymnastics lessons and up to three hours of homework a night. “Homework is a priority,” she says. “We have a reward system that helps motivate them: if they get so many As, they get one toy a month.”

As the boys grow into “little men,” Spears is relishing their evolving personalities.

“Preston is very opinionated, very expressive, and if he doesn’t like something, he’s going to tell you,” she says. “But he has a huge heart, he’s a good kid and he has manners … Jayden is sweet, very soft-spoken, kinda funny. He’s adorable — a momma’s boy.”

Recently, the kids have taken on chores, including washing off their plates, taking out the trash and helping the family’s three dogs, and Spears is mulling giving them an allowance. “Preston just asked for a high allowance – like $10 a week or $20 a week – but we’ll see!” she says.

Spears’ boyfriend, producer Charlie Ebersol, 32, also pitches in with the kids – and the boys adore him. “They relate to him really well and they have fun together,” says Spears, who started dating Ebersol about six months ago. “He’s refreshing to be around and really light-hearted.”

With her career on a roll – her new single, a collaboration with Iggy Azaelea, drops on May 5 – and her family thriving, Spears says she’s in a “real good place” in her life. She says, “I’m very blessed.”