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allot vs. a lot

[uh-lot] / əˈlɒt /

verb (used with object)

allotted, allotting
  1. to divide or distribute by share or portion; distribute or parcel out; apportion.

    to allot the available farmland among the settlers.

  2. to appropriate for a special purpose.

    to allot money for a park.

  3. to assign as a portion; set apart; dedicate.

[uh lot] / ə ˈlɒt /

noun

  1. lot.

adverb

  1. lot.