Justice Department Issues Formal Warning to Elon Musk Over Million Dollar Voter Lottery: Report

The Department of Justice has sent a formal letter to Elon Musk's political action committee warning that the tech billionaire's high-stakes lottery for registered voters may be in violation of federal law, CNN first reported on Wednesday.

Musk's America PAC has promised random $1 million jackpots to swing state residents who have registered to vote and signed the group's petition supporting First and Second Amendment rights. Prize winners will be chosen from the list of signatories.

This is a breaking news story. Stay tuned for further developments.