A team yet to be determined will select first overall in the 2020 NHL Draft

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It was a surprising outcome to the 2020 NHL Draft Lottery as one of the eight teams who will lose in the National Hockey League's 24-team Return To Play format won the lottery and will pick first overall in the 2020 NHL Draft.

The draw for the first overall selection will be held during Phase 2 of the #NHLDraft Lottery among only the eight teams that fail to advance from the Stanley Cup Qualifiers. All participants will have the same odds (12.5%).MORE: https://t.co/GDxzfsHGvz pic.twitter.com/svmEVD4NgD

— NHL (@NHL) June 27, 2020

According to TSN hockey insider Frank Seravalli, the placeholder team that was selected with that first overall pick, "Team E", had a 2.5% chance to win the draft lottery. Now, all eight teams that lose out in the play-in qualifying round will have a 12.5% chance to win the first pick and have the chance to draft the consensus first overall player, Alexis Lafrenière.

Placeholder 'Team E' had the winning No. 1 pick combination. That placeholder team had just a 2.5% chance, 25 winning combinations in 1,000 possibilities.

— Frank Seravalli (@frank_seravalli) June 27, 2020

Phase 2 of the NHL Draft Lottery has yet to be announced, but it will take place before the start of the Conference Quarterfinal Round in the Stanley Cup Playoffs.

Here are the the matchups for the 24-team format, with the loser of each format being eligible for the first overall pick:

Eastern Conference:

5 - Pittsburgh Penguins vs. 12 - Montreal Canadiens

6 - Carolina Hurricanes vs. 11 - New York Rangers

7 - New York Islanders vs. 10 - Florida Pa