The tattoo, in italic script, reads: "Clear as a crystal, sharp as a knife I feel like I'm in the prime of my life."
Lindsay – who has been in rehab five times and experienced a string of legal problems – is said to have chosen the lyric because it represents how she feels about her life.
A source told gossip website TMZ: "It represented where she is in life and everything she's been through - it signifies that she's focused."
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Lindsay has endured legal problems stemming from a 2007 conviction for driving under the influence (DUI), including serving jail time and attending court ordered rehab, and was last year convicted of stealing a necklace from an upmarket jewellery store.
However she is now trying to resurrect her acting career and has recently been linked to gangster film 'Gotti: In the Shadow of My Father'.
Lindsay also has tattoos including 'Shhh!' on her finger, and a quote from Marilyn Monroe, "Everyone's a star and deserves the right to twinkle."
Mark Wahlberg is keen for a reality TV show to document the opening of his burger restaurant.
The 40-year-old actor – who is launching the eatery alongside his brothers, New Kids on the Block star Donnie and chef Paul – explained while they are in talks to appear in a fly-on-the-wall series, he only wants his voice to be involved.
He said: "Maybe I’ll be the Charlie’s Angels of reality TV. You’ll hear my voice. But obviously it’s something that we’d want to control in every aspect and produce and make sure that we were doing something really quality."
However, the high-end burger bar – which will operate under the name Wahlburgers and will open in Hingham, Massachusetts later the year – will be more than just a fast food chain, as Mark and his brothers are marketing the business on its "health and wellness" advantages.
He added to E! News: "As well as a health and wellness business that will help people first and foremost feel good, exercise, eat right and then look good.
"85 percent of the population doesn’t exercise and eat right, and you want to be able to push them in the direction of extending their lifespan and living healthy lives.”