Hey guys i know this is probably not the specific forums to ask this question but possibly a good way to get some decent thoughts and opinions (if you guys are financial planners or investment professionals)

Brief background of myself: Im 21 just finished an IT degree and now working as a network engineer, so i am clueless on most if not all financial areas. Plus i have no family to ask their opinions.

The investment opportunity: To invest in a lotto company (Name: The Player's lotto Slogan "The best odds on the planet". Basically this company is an online company (based in Curacao, island in carribean) that takes 120 investors, investing $25k each totalying 3million. Basically this lotto company is going to try sell itself by offering $10million doller pot to the winner $250, 000 for the second place winner and $50, 000 for 3rd place.

Basically what happens is the company sells 300,000 tickets to people. Each ticket is worth $50. They only sell 300,000 tickets. So each person that buys a ticket has a chance (1 in 300, 000 chance) to win $10million USD and 2nd prize and so forth. So they sell 300,000 tickets world wide, once they do they draw the Lottery. One person will win.

Investor Proposal: So if you buy 1 share in the business (120 total, 25k each). After the first lottery (when 300k tickets are sold) and game complete. Each shareholder gets $7000 return. (this is based on simple math no mentioned here because i cant be bothered outlining how but just do simple math like 300k tickets generates 15million which is used to pay each investor.

Business Owners: Business owners are reputable business owners in Canada. Ill keep this brief because i could outline their ownership and the likes.

Does this sound shifty from the get go. What solid questions and scoping could i do to get a really good idea and feel out. I have been given a business plan and it all seems legit but i have no idea. Such as where does the money go and who holds all the money.

Anyones insight (who has the skill and education/experience (being a advisor) would be awesome.

I would meet with them (in person). Contact lawyer and accountant. Accountant to look over financial statements with a fine-toothed comb. And a lawyer to put clauses in the contract you need to get these business owners to sign. Due diligence is key in these situations.

nature of business is very scammy chances are people behind are too...i would not do it until I would meet the people, and get some lawyers involved.

needs specific counsel, tax advise and a cover, you don't want to get caught in a liability uit if things go wrong because the plaintiff will pierce the corporate veil on this one. There should be a detailed offering memorandum and business plan. Could be a good opportunity but needs a lot of work, if it is made to easy leave it alone

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