Illegal in most jurisdictions, there is no reasons why governments keep a monopoly on lotteries, redistribute only a tiny fraction of the collected fees to winners (making it far worse in terms of return, than playing on the stock market or at the casino). If lotteries were managed by private companies, there would be far more winners and a much better distribution of the earnings, among winners. Among the most qualified people to run such companies are data science entrepreneurs. These people are also experts in designing pricing strategies for gambling and other games where chance plays a role, and where forecasting science is required to set up prices (based on predicted returns), such as horse race or sport bets - also illegal in US, wondering why.
Especially with consumer review websites popping up everywhere, users could easily check which lottery companies to trust or not to trust.
Anyway, here's a potential solution, for a data scientist desperate to find a job (there are far more numerous than people think), to create a legitimate lottery business, inspired by the way Japanese Pachinko works:
Would this be enough to bypass US regulations on lotteries? Any other suggestions to make it legal are appreciated.
Well the idea is really great and the only concern here is the jurisdiction and the laws of gambling differs from one state to another. However, creating a lottery which deals with token is a nice concept no doubt, but in order to gain popularity you need a real money lotto system. I think this post https://www.lottosignals.com/magazine/knowledge/how-to-play-lottery... would definitely help you out.