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The Cubs are a huge favorite to win the World Series

With three weeks left in the regular season, MLB's playoff picture is coming into focus and the Chicago Cubs are a heavy favorite to finally end their World Series drought.

RELATED: The highest paid MLB players:

21 PHOTOS
Highest paid MLB players - 2016
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Highest paid MLB players - 2016

T-25. Alex Rodriguez, New York Yankees & James Shields, San Diego Padres: $21,000,000

(Brad Penner-USA TODAY Sports)

24. Chris Davis, Baltimore Orioles: $21,118,782

(Tommy Gilligan-USA TODAY Sports)

23. Jacoby Ellsbury, New York Yankees: $21,142,857

(Photo by Mike Stobe/Getty Images)

22. Jayson Werth, Washington Nationals: $21,571,428

(Photo by John McDonnell / The Washington Post via Getty Images)

21. Carl Crawford, Los Angeles Dodgers: $21,607,142

(Photo by Ralph Freso/Getty Images)

20. Adrian Gonzalez, Los Angeles Dodgers: $21,857,142

(Photo by Lisa Blumenfeld/Getty Images)

T-18. Jose Reyes, Colorado Rockies & Masahiro Tanaka, New York Yankees: $22,000,000

(Photo by Dustin Bradford/Getty Images)

17. Justin Upton, Detroit Tigers: $22,125,000

(Photo by Justin Berl/Getty Images)

16. Max Scherzer, Washington Nationals: $22,142,857

(Photo by Chris Trotman/Getty Images)

15. Hanley Ramirez, Boston Red Sox: $22,750,000

(Photo by Billie Weiss/Boston Red Sox/Getty Images)

14. Joe Mauer, Minnesota Twins: $23,000,000

(Photo by Hannah Foslien/Getty Images)

13. Mark Teixeira, New York Yankees: $23,125,000

(Photo by Justin K. Aller/Getty Images)

12. Cole Hamels, Texas Rangers: $23,500,000

(Rodger Mallison/Fort Worth Star-Telegram/TNS via Getty Images)

11. Robinson Cano, Seattle Mariners: $24,000,000

(Photo by Mike Stobe/Getty Images)

T-7. C.C Sabathia, New York Yankees; Ryan Howard, Philadelphia Phillies; Albert Pujols, Los Angeles Angels; Jon Lester, Chicago Cubs: $25,000,000

(Photo by Mike Stobe/Getty Images)

6. Felix Hernandez, Seattle Mariners: $25,857,142

(Photo by Jim McIsaac/Getty Images)

T-4. Miguel Cabrera & Justin Verlander, Detroit Tigers: $28,000,000

(Photo by Justin Berl/Getty Images)

3. David Price, Boston Red Sox: $30,000,000

 (Photo by Billie Weiss/Boston Red Sox/Getty Images)

2. Zack Greinke, Arizona Diamondbacks: $34,000,000

(Photo by Norm Hall/Getty Images)

1. Clayton Kershaw, Los Angeles Dodgers: $34,571,428

(Photo by Jason O. Watson/Getty Images)

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The Cubs have a 20% chance to win the World Series, according to Nate Silver's model at FiveThirtyEight. No other team has more than a 14% chance. Of course, this also means the Cubs have an 80% chance to not win the World Series, but we don't want to jinx anything.

In all, there are still 13 teams with at least a 1% chance of being crowned World Series champs.

1Cork Gaines/Business Insider

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