- Lotteries are a mechanism that can produce public goods (https://academic.oup.com/restud/article-abstract/67/4/761/1713582)
- Manifold implementation: Fundraisers post a prize (e.g. 10k M$), users buy lottery tickets (shares), and a random ticket is selected to receive the prize. Manifold dollars spent on lottery tickets go to the fundraiser. Fundraiser can either use M$ on prediction markets within manifold, or Manifold could send money to their nonprofit
- Potential issue: need verifiable randomness, or some integration with public randomness source like NIST beacon
- Potential issue: need to verify projects in order to avoid fraud
[Austin]
- Related idea for July: Donation Lottery on Manifold
- Instead of deciding what charity to send it to, buy a lottery ticket
- Sam Harsimony has more thoughts on this, seemed intriguing