Favourite She Will Reign has drawn barrier two in the 12-horse field for the A$10 million Everest at Randwick with Chautauqua to jump from five.

Jockey Corey Brown said he had hoped for a draw between two and six for She Will Reign, who he will ride at 51 kilograms on Saturday.

The Gai Waterhouse and Adrian Bott-trained English has drawn the outside gate while Queensland filly Houtzen will start from the inside.