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1.
the result of something through totally random circumstances - could refer to a situation either in someone's good luck or misfortune.
"I called that company and asked if they had any openings, and they told me they weren't hiring right now. But when I sent in my resume a few days later, they called me up and told me there's a position that would be perfect for my credentials. Hmmmm...luck of the draw I guess!"

"You mean to tell me that when you asked her to go with you to the dance, she said yes?? Geez....she told me she HATES going to those things! That's the luck of the draw for you!"
by Bungalow Bill September 14, 2006