Impact of recent I-20 on H1b application

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My employer was applying for H1b from last 2 years and it was not getting picked-up in lottery. This year is also applied and I just got to know 2 days back that it got picked up. Meanwhile, I have applied for Masters programs in USA for next fall term because I didn't have much confidence about getting through this year as well. Currently, the universities are processing my I-20 application. I'm planning to go forward with h1b visa and i'm bit concerned now that I-20 applications might impact the h1b stamping. Please share your thoughts about the impact of I-20 applications.

Edited by Rehan22
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