Resolution Criteria
This market resolves to the NBA team that wins the 2026 NBA Draft Lottery and receives the #1 overall pick in the 2026 NBA Draft. The market will resolve N/A if the 2025 NBA Draft Lottery is canceled or significantly altered from its current format.
Background
The NBA Draft Lottery is an annual event that determines the order of selection for the first 14 picks of the NBA Draft. Teams that missed the playoffs in the previous season are eligible for the lottery, with worse records receiving better odds of winning the top pick.
The current lottery system gives the three teams with the worst records an equal 14% chance of winning the first pick, with decreasing odds for better-performing teams. The lottery uses a random drawing of ping-pong balls to determine the order.
Update 2026-02-05 (PST) (AI summary of creator comment): The market will resolve based on which team wins the lottery, not which team ultimately has control of or makes the #1 pick. This means if a team wins the lottery but has previously traded away their pick rights, the market still resolves to the team that won the lottery drawing.