In many countries it's illegal to start a lottery business, which governments take advantage of because it's an easy cash cow (pay a portion of what people gamble). Are there any examples of "legal" lottery businesses that people operate?

Meaning a business where a 1000 people will pay for something in the hopes that they receive something of far greater value than they paid, but the onus is they have a 1/1000 chance of getting it?

Does that make sense? Basically, just out of curiosity, I'm trying to think of a business or product or something that operates this way.

Like if I had to think of an old one I remember

• Package of baseball cards sell for $5.00
  
• in 99% of packages, the value of the cards are $1.00
  
• in 1% of the packages, there's a card worth $500
  

So if you were to sell 1000 packages, that would be $5000 - (1000*1.00) - $500 (jackpot package) = $3500 profit.

That sort of thing...

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