Much like Ron Burgundy, Will Ferrell is kind of a big deal. The actor will be this year’s honoree for the Mark Twain Prize for American Humor, the Kennedy Center in Washington, D.C., announced on Thursday. “I am truly honored to receive this distinction,” Ferrell said. “I will now begin cultivating a Mark Twain-esque mustache in anticipation of the event.” Ferrell, the prize’s 14th recipient, will receive the award on Oct. 23 at the Kennedy Center's Concert Hall. Tina Fey was last year's honoree.