It looks like Dante Exum will be suiting up for the Orlando Magic or the Utah Jazz.

The NBA held its draft lottery on Tuesday, with the Cleveland Cavaliers defying significant odds and stealing the number one pick from the Milwaukee Bucks and the Philadelphia 76ers.

The Bucks will have the second pick and the 76ers the third at the June 26 draft.

“Lottery was interesting!” Exum wrote in a tweet.

“Where will I end up?”

Most interest for Exum and Australian basketball fans was how the ping pong balls in the lottery would fall in the fourth and fifth slots, where draft analysts expect the 18-year-old guard from Melbourne will be selected.

Orlando, who interviewed Exum last week, grabbed the fourth pick.

Utah will have the fifth selection.

If Exum, who is still yet to play five-on-five basketball in front of NBA team executives or coaches since declaring for the draft, slides on draft day, he could be picked up by the Boston Celtics (sixth pick), the Los Angeles Lakers (seventh), and the Sacramento Kings (eighth).

Exum’s longstanding favourite team, the Lakers, may be too far down the list to snare him.

The Cavaliers, usually disappointing during the NBA season, should buy a lottery ticket after once again taking the top spot.

The Cavs, who feature Australian guard Matthew Dellavedova, had just a 1.7 per cent chance of snaring the number spot, but just like last year when they took Anthony Bennett with the top pick and in 2011 grabbed Australian-born guard Kyrie Irving, the ping-pong ball gods were once again smiling on them in the lottery.

The Cavs are expected to take one of the consensus top three picks, Duke University swingman Jabari Parker or one of the Kansas duo, swingman Andrew Wiggins or centre Joel Embiid.

The Bucks finished the season with a league-worst 15-67 record and were rewarded with a 25 per cent chance of picking up the No.1 pick.