The
LottoStocks investment
LottoStocks will sell a specific kind of stock market investment called an
Equity
Index Annuity (EIA). The EIA has been selected as the initial investment to be
offered through LottoStocks primarily because this category of investment
facilitates implementation of the concept.
The EIA
has
no downside risk which makes it an ideal entry-level
type of equity investment for first-timers. This
should appeal to legislators and state lottery commissions
who would be more open to providing such an investment
vehicle as a lottery alternative.