The NHL's annual Draft Lottery was held on Monday, May 5, at NHL Network Studios in Secaucus, NJ. For the first time, the drawing was held live in-studio, allowing viewers to see the results at the same time as the 16 lottery participants.

The Islanders, who at 3.5 percent had the 10th-best chance of winning the lottery, would pick No. 1 for the fifth time and the first since selecting center John Tavares in the 2009 NHL Draft. They also took goalie Rick DiPietro first in 2000, defenseman Denis Potvin in 1973 and forward Billy Harris in 1972.

After the Islanders, the San Jose Sharks landed the second pick while the Chicago Blackhawks will pick third. The Sharks own a top-five pick for the third straight season after selecting Macklin Celebrini with the top pick in 2024 and Will Smith with the No. 4 pick in 2023.