Here is the meaning of the word, LOT

Lot ( n. ) - A distinct portion or plot of land, usually smaller than a field; as, a building lot in a city.
Lot ( n. ) - A large quantity or number; a great deal; as, to spend a lot of money; lots of people think so.
Lot ( n. ) - A prize in a lottery.
Lot ( n. ) - A separate portion; a number of things taken collectively; as, a lot of stationery; -- colloquially, sometimes of people; as, a sorry lot; a bad lot.
Lot ( n. ) - Anything (as a die, pebble, ball, or slip of paper) used in determining a question by chance, or without man's choice or will; as, to cast or draw lots.
Lot ( n. ) - That which happens without human design or forethought; chance; accident; hazard; fortune; fate.
Lot ( n. ) - The part, or fate, which falls to one, as it were, by chance, or without his planning.
Lot ( v. t. ) - To allot; to sort; to portion.