what surprises me is this account that claims he won 37.583 $CAKE or the equivalent of $548 (sorry I saw it wrong before)
what do you think, have you tried?
https://twitter.com/SAFUSHARK/status/1413012961778495491
$548 that's quite high reward.
However, I will comment on the nomenclature itself.
Before, exchanges were just doing airdrops or contests. However, due to the fact that the amounts were negligible, and in fact it was only dust, people stopped being interested in it at all. Now the name 'lottery' has been invented for the same reason, so to create a community.
I'm not saying it's a bad thing, but in my opinion it's still a waste of time.