The Wizards used the fifth pick to trade for Mike Miller and Randy Foye last offseason, but they have no plans to move their lottery pick this year.
Washington has the fifth-best chance (10.3%) of landing the No. 1 overall pick at the NBA's Draft Lottery on Tuesday night.
"Absolutely, this year's pick is going to be with us for quite some time. It's one of the building blocks," general manager Ernie Grunfeld said.
"We're rebuilding. So obviously, we're going to go with more young players and players who want to be part of a winning situation, players who have upside going forward."