Huge Lag Spikes Make Game Unplayable on Xbox

I normally have around 30 ping on the closest server, but every couple minutes or so it’ll jump to 300-1000+ ping. This locks me in place for a few seconds until it catches up and I zoom around to where I should be. I was excited to jump back in before the new update, but I can’t play like this. Hopefully this gets addressed soon. Thanks!