NBA Draft Lottery 2022, explained: Updated odds for every team to win No. 1 overall pick

The 2022 NBA Draft Lottery is upon us, set for Tuesday, May 17 in Chicago.

The lottery odds are set as the Houston Rockets, Orlando Magic and Detroit Pistons all share the highest odds to land the No. 1 pick at 14.0 percent.

However, in years past, we've seen teams unexpectedly move up on lottery night. In 2019, the New Orleans Pelicans won the Zion Williamson sweepstakes with just a 6.0 percent chance. Last year, the Toronto Raptors were projected to pick seventh but moved up to No. 4, earning them this season's Rookie of the Year, Scottie Barnes.

Which team will get lucky and move up this year? Take a look below to find the odds for every team in the NBA Draft Lottery, as well as FanDuel Sportsbooks' odds on which team will win the lottery and which player will be selected No. 1 overall.

2022 NBA Draft Lottery: Odds to win No. 1 pick

The Rockets, Magic and Pistons all have equal odds – at 14.0% – to win the No. 1 pick in the 2022 NBA Draft Lottery.

Last year, the Pistons won the NBA Draft Lottery with a 14.0% chance to land the top pick.

Team Odds to win No. 1 pick Rockets 14.0% Magic 14.0% Pistons 14.0% Thunder 12.5% Pacers 10.5% Trail Blazers 9.0% Kings 7.5% Pelicans (via LAL) 6.0% Spurs 4.5% Wizards 3.0% Knicks 2.0% Thunder (via LAC) 1.5% Hornets 1.0% Cavaliers 0.5% 2022 NBA Draft Lottery betting odds: Which team will win the No. 1 pick?

As you would expect, the betting odds to win the 2022 NBA Draft Lottery mirror the actual odds to win the lottery.

The only thing to note is if you wanted to bet on the Pelicans' pick (via the Lakers) or Thunder's pick (via the Clippers) to win the lottery, you would bet on the Lakers (+1200) or Clippers (+4400), respectively.

All betting odds courtesy of FanDuel Sportsbook.

Team Betting odds Pistons +500 Rockets +500 Magic +500 Thunder +600 Pacers +700 Trail Blazers +850 Kings +1000 Lakers (pick goes to NOP) +1200 Spurs +1700 Wizards +2500 Knicks +3400 Clippers (pick goes to OKC) +4400 Hornets +6000 Cavaliers +10000 2022 NBA Draft odds: Who will go No. 1 overall?

As of Monday, May 16, FanDuel Sportsbook has Auburn freshman Jabari Smith Jr. as the favorite to go No. 1 overall. The fight for the top pick is considered to be a three-man race between Smith, Gonzaga freshman Chet Holmgren and Duke freshman Paolo Banchero.

All odds courtesy of FanDuel Sportsbook.

Player School/Team Odds to go No. 1 Jabari Smith Jr. Auburn -105 Chet Holmgren Gonzaga +145 Paolo Banchero Duke +390 Jaden Ivey Purdue +5000 Shaedon Sharpe Kentucky +8500 Johnny Davis Wisconsin +15000 Ochai Agbaji Kansas +16000 Keegan Murray Iowa +21000 Bennedict Mathurin Arizona +50000 Tari Eason LSU +50000 Dyson Daniels G League Ignite +50000 Patrick Baldwin Jr. Wisconsin +50000 Jaden Hardy G League Ignite +50000 AJ Griffin Duke +50000 Caleb Houstan Michigan +50000 TyTy Washington Kentucky +50000 MarJon Beauchamp G League Ignite +50000 Jalen Duren Memphis +50000 What time is the NBA Draft Lottery in 2022?

• Date: May 17, 2022
• Time: 8 p.m. ET

The 2022 NBA Draft Lottery drawing will be conducted on Tuesday, May 17 from Chicago, Illinois. 

What channel is the NBA Draft Lottery on?

The 2022 NBA Draft Lottery can be watched on ESPN or streamed via the Watch ESPN app. You can also stream the broadcast live with Sling TV.