Jim Jones stayed home with his family for Christmas, but the Harlem rapper will celebrate New Year's Eve in the Midwest. The 'Pop Champagne' creator and his Dipset team will ring in 2011 with Lil Wayne in Chicago.

"New Year's Eve, we got a big show with Lil Wayne in Chicago," Jones tells 'VIBE.' "The whole Dipset will be there. It's going to be a big, big shindig."

The shindig takes place on Dec. 31 at Adriana's in Harvey, Ill. A general admission ticket costs $100, while a VIP table will set one back $275. Loyal Dipset and Weezy supporters will also be treated to a three-hour premium open bar from 9PM to midnight, lavish buffet, champagne toast and balloon drop to welcome in the New Year.

Capo, born Joseph Guillermo Jones II, is currently crafting material for the long-awaited Dipset reunion album. "The vibe is good, just being back with my band of brothers," he reveals. "I also got my album, 'Capo,' coming out on Feb. 22nd. I'm going in for the kill next year."

In October, photos surfaced of Jones, Juelz Santana and Cam'ron in the studio with veteran producer Dr. Dre, where the trio recorded the track 'Anticipation.' As for the Dipset album release date; "Just sit tight," Capo says.

Watch Jim Jones' 'Ballin''