Carrie Underwood, Ellie Goulding and OneRepublic
WireImage; Landov; WireImage
04/21/2014 at 11:00 AM EDT
The fans have spoken, and narrowed the field to three artists to vie for the second annual Milestone Award at the 2014 Billboard Music Awards
, Ellie Goulding and OneRepublic are up for the honor, which will be presented to the winner during the May 18 live broadcast
at the MGM Grand Garden Arena in Las Vegas, PEOPLE reveals exclusively.
The finalists beat out other artists including Imagine Dragons, John Legend
and Luke Bryan
, who were all considered because they achieved a notable chart milestone in the past year.
Fans again can decide the Milestone Award winner by clicking here
. Voting continues through 10 p.m. ET on the night of the awards show.
will announce the winner later in the show.