Good question, and there's a lot of confusion about this right now. Let me clarify the current state of things.
Update, October 2026: Parts of this answer were written before the rule became final and are now out of date. DHS published the final weighted selection rule on December 29, 2025 (90 FR 60864), effective February 27, 2026, and FY2027 (registration period March 4 to 19, 2026) was the first cap season run under it. Thanks to the reader who flagged this.
Current System (FY2027 and later): Selection is no longer a purely random draw. USCIS still selects by unique beneficiary, but each eligible registration enters the selection pool according to the highest OEWS wage level the proffered wage meets or exceeds: Level IV is entered four times, Level III three times, Level II twice, and Level I once. The registration fee is $215 per registration.
Where the Rule Came From: DHS proposed the weighted selection process on September 24, 2025 (90 FR 45986) and finalized it without changes to the regulatory text. It applies to registrations submitted on or after February 27, 2026.
What HAS Changed: The beneficiary-centric selection system is in effect, meaning USCIS selects by unique beneficiary rather than by registration, which eliminated the advantage of having multiple employers submit registrations for the same person. USCIS has also cracked down on fraud related to multiple registrations.
For information on the broader H-1B reform landscape, see /Trump/H1B-Reform/.
At Level 2 wages, your registration is entered into the pool twice: better odds than a Level 1 registration, lower odds than Level 3 or Level 4. Make sure your employer reports the wage level accurately, because it is part of the registration itself.