Submission

The Lottery Competition

The Lottery Competition is designed to create social good by fostering changes to lotteries.

My massively transformative purpose is to build structures that effectively allocate resources towards the problems and issues that are deemed important to the public. I believe that in our new digital world, communities of people have the ability to take on and solve grand challenges.

I prize the power of communities

An incentive prize competition should solve the grand challenge of making positive changes to lotteries.

There is huge potential to create positive impacts by making changes to lotteries, but lotteries have been relatively slow to make changes that benefit society.

Government bottlenecks, lack of market incentives, and other barriers prevent these positive changes.

An incentive prize competition should break through these barriers to enable changes that positively impact our world.

(Examples of changes that could create positive impacts can be found here:
https://www.thelotterycompetition.org/details/#examples )

The solution to this grand challenge will set off a domino effect of socially beneficial changes to lotteries all around the world.

This will create positive effects for billions of people by:
a) Reducing irresponsible lottery operations and decreasing negative effects caused by lotteries.

b) Helping to solve many other grand challenges by improving one of the largest mechanisms for raising funds on the planet. Lotteries will provide additional funding to the most socially beneficial organizations/causes and fuel positive changes around the world.