Arsenal currently sit in a strong position domestically while remaining contenders in the Champions League, FA Cup and EFL Cup where they will face Manchester City in the final later this month.
Rice will also feature for England at the World Cup where the Three Lions are one of the favourites to win the competition for the first time since 1966.
As the 27-year-old chases down success, he revealed this week that he is not focused on the Ballon d’Or even if it is within his grasp this season.
“That is far, far away. There’s still so long to go in the season, need to win a few trophies, need to keep playing well.
“I don’t get caught up in it, just try to live in the moment. Keep playing football and see what happens.”
“In your career, I don’t think you ever know what you’re going to go on to achieve.
“As the seasons evolve and you’re playing week in, week out, and the game gets better and better, there can end up being no limits to what you can achieve.”
Last year Ousmane Dembele lifted the Champions League with Paris Saint-Germain en route to winning the award alongside a number of domestic trophies including Ligue 1.
Arsenal face Bayer Leverkusen in their Champions League last-16 first-leg clash this Wedneday as Rice edges closer to lifting the Ballon d’Or, making him the first Englishman to do so since Michael Owen.