Somebody calculate our chances of getting a top 5 pick right now.
The worst we can do at the moment is still 10th, I believe, and the chances of that are pretty remote.
Once we move out of the top 5, our chances of getting a top 5 pick are exactly the same as our chances of getting a top 3 pick.
This is because in any slot outside the top 5, you either:
(a) get a top 3 pick
(b) draft in your lottery slot or one of the next three (because someone behind you moves into the top 3)
We are currently in the 7th slot, with a 15% chance at a top 3 pick. Else, we end up with the 7th (60%), 8th (23%), 9th (2%) or 10th (minuscule).
There is a BIG loss in moving from the 5th slot to one of the next few slots, in terms of chances at getting a top 5 pick. In 5th, you have a 55% chance at a top 5 pick. In 6th, it drops to 21%.