Inclusion of diverse ancestry may improve the discovery of new variants through a combination of increased genetic variation, larger sample sizes and improved fine-mapping due to diverse patterns of linkage disequilibrium (LD). We quantified gains in power from the use of our multi-ancestry model over a simpler ancestry-naive fixed-effects model excluding the ancestry meta-regression. Comparing the number of associated variants, we found 721 additional independent variants that were identified only by the multi-ancestry meta-regression analysis. Both sets of models were fit to the same data, such that the larger number of significantly associated variants identified with the multi-ancestry model indicates increased power from accounting for axes of genetic variation and residual heterogeneity. Included among these 721 were newly associated variants in genes related to nervous system function (for example, NRXN1) including glutamatergic (GRIN2A) neurotransmission, which is of relevance to neurocircuitry in addiction7,8.