Probability Field does not Show when Creating/Editing Leads even if Probability Field is set to be Displayed in the Preferred Lead Form

Scenario:

User created a custom Lead Form and set the Probability field to showor be displayed on the form however, when user creates or edits a Lead record the Probability field can not be found anywhere on the form.

Reason:

The Probability field only shows once the entity enters the Prospect stage. Probability is commonly used for Forecasting Reportsand is often tied to Opportunities and Estimates.