And with Tuesday's lottery win came a giant bump in the Pelicans' championship chances - at least according to the Westgate Las Vegas SuperBook.
New Orleans was initially tied for the worst odds of winning the 2019-20 NBA title at 300-1, but the number was lowered to 25-1 after the lottery, which sees the Pelicans tied for 10th with the Denver Nuggets and the Oklahoma City Thunder.
The change in odds is related to the increased likelihood that superstar Anthony Davis will remain in New Orleans this season now that the franchise has a chance to draft Williamson.
Meanwhile, the New York Knicks' odds remained unchanged at 16-1 after the team fell to No. 3 in the lottery despite having the worst record in the Association last season.
"We think it's a lot more likely that Anthony Davis decides maybe New Orleans isn't so bad now that they're getting Zion," Westgate director John Murray said, according to ESPN's Ben Fawkes.
Murray added: "We're not going to raise the Knicks' odds yet, but this may reduce their chances of landing Kevin Durant."
The Golden State Warriors are still listed as the favorite to win it all next season.