Technically the lottery is gambling. For some people it is addictive and results in ridiculous losses.

Obviously, nobody loses anything, so long as they know how to sell their ticket purchases, and the ticket issuer is trustworthy to redeem them as advertised.

The only thing lost is the ability to earn interest that is negated, every time tickets do not win. Only the pool earns the interest.

How frequently do these lotteries pay out?

What assurances, other than one person's word, that all tokens purchased will always be redeemable at the same stable value?

Is the guardian/admin of the pool receiving payment for their services? How much?

If I were to buy anything less than 1/12 of all tickets purchased for a monthly lottery, I would think my odds would likely lose for the first year, and the amount sitting idle in tickets would be better spent investing in solid interest, elsewhere.

I really do like the concept though. Gambling w/o the risk of losing the initial investment, and always an even one-in chance to win for every ticket. For some people, even just owning one ticket may be their fastest chance to grow big.