Tropical Storm Sally forms in the Gulf of Mexico while 'Paulette' barrels ...

A tropical storm has formed in the Gulf of Mexico as it swirls towards the US, while Tropical Storm Paulette is poised to become a hurricane and strike Bermuda next week.

The National Hurricane Center announced that Tropical Depression 19 has transformed into Tropical Storm Sally on Saturday. 

It will bring heavy rain, powerful wind gusts, flood watches and the potential for weather warnings. 

'Sally' is the earliest 'S' storm to form on record, besting 2005's 'Stan' by three weeks, but is expected to intensify into a hurricane.

There's potential for a hurricane watch this weekend with meteorologists noting that Sally will likely upgrade before it makes landfall. 

On Saturday, the National Hurricane Center announced that Tropical Depression 19 upgraded into Tropical Storm Sally in the Gulf of Mexico (pictured)

On Saturday, the National Hurricane Center announced that Tropical Depression 19 upgraded into Tropical Storm Sally in the Gulf of Mexico (pictured)

Sally will remain a tropical storm until Monday evening, when it will bring hurricane conditions to a sliver of the Florida panhandle, as well as to coastal cities along Alabama, Mississippi and Louisiana.

Parts of Louisiana, specifically Lake Charles and the surrounding areas, are still reeling from the devastating affects of Hurricane Laura last month. 

The 150mph monster of a storm left nearly a million residents without power, killed at least 10 people and drowned out several homes with rain water.

Damage sustained by Hurricane Laura will cost anywhere between $4million and $12million.    

Tropical Storm Sally is expected to affects parts of Florida, Alabama, Mississippi and Louisiana this week

Tropical Storm Sally is expected to affects parts of Florida, Alabama, Mississippi and Louisiana this week 

Much of South Florida has experienced rainfall as a result and flood warnings have been issued along the Treasure Coast and Okeechobee

Much of South Florida has experienced rainfall as a result and flood warnings have been issued along the Treasure Coast and Okeechobee

Pictured: a National Weather Channel map that shows the predicted path for Tropical Storm Sally

Pictured: a National Weather Channel map that shows the predicted path for Tropical Storm Sally

Those four southern states should expect to see as much as three inches of rainfall through Wednesday, and South Florida  

Although Sally is currently confined to those four states, the wind and rain effects will be felt as far as Tennessee and Arkansas.

By Wednesday at 8am, the NHC predicts it will settle back into a tropical storm and finally a tropical depression on Thursday.

Between Sunday and Tuesday, Sally will see winds speeds starting at 45mph to 80mph.

Pictured: a National Weather Channel map shows which parts of Florida were put under flood watch in preparation for Tropcial Storm Sally

Pictured: a National Weather Channel map shows which parts of Florida were put under flood watch in preparation for Tropcial Storm Sally

Lower Matacumbe Key of the Florida Keys has reported up to 12 inches of rain as of Saturday morning

Lower Matacumbe Key of the Florida Keys has reported up to 12 inches of rain as of Saturday morning

But already, Sally has caused scattered

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