There are rumors that Lady Gaga is going to be opening a multi-million dollar Michael Jackson museum so she can show off Jacko's property that she owns.

Gaga is currently looking for a property to put the 55 items on exhibit. She bought the King of Pop's stuff from an auction. Among the items is MJ's "Thriller" jacket and diamond-encrusted glove.

A source said: "Gaga is a huge Michael fan, and she feels that there needs to be a real museum to celebrate his life and work.  She has been stocking up on items from all over the world. Some of her purchases have been under different names so that she is not overpaying for artifacts. But now she has a few pieces she is planning out the next stage of where the location for the museum should be. She's considering Gary, Indiana where Jackson started his career, her hometown NYC or Los Angeles, close to his Neverland home."

No comment from Gaga or her people.