The actual lottery is typically conducted 30 minutes earlier at NHL Headquarters in New York City.
Designed to guard against teams purposely losing regular season games to improve their draft position, the weighted lottery system implemented prior to the 1995 NHL Entry Draft provides weaker teams with a greater chance of a higher pick without any guarantees for poor performance. Until 2013, only the league's five worst regular season teams were eligible for the top overall pick, allowing teams to advance up to four spots and fall only one spot in the lottery. For the third year in a row, the top pick went to someone other than the statistical favorite with the last place Buffalo Sabres edged out by the lottery winning Panthers.

Other than Buffalo and Florida trading places, the remaining clubs placed as predicted by their statistical probabilities. Remaining NHL Entry Draft positions are set after the playoffs with the Stanley Cup champion and runner-up picking 30th and 29th, respectively. This video from 2013, featuring NHL Commissioner Gary Bettman offers a detailed explanation of the process. That changed in 2013 with all non-playoff teams eligible for the top overall pick albeit with their statistical likelihood directly tied to their final regular season standing.

The chart below shows final draft position by team and their accompanying odds of having won first pick overall in the lottery.
Conference finalists (28th, 27th) as well as division winners and wildcard teams (26th through 15th) are then ordered among their respective subgroup based on regular season standings, positioning teams with better regular season records to pick later than their peers.

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