IANAL, but I'm not convinced "no it's not an illegal lottery, we actually just deceived the public into thinking it was random" is going to end up being a great defense
Presumably, the strategy is mainly to run out the clock with any eventual fines just being another cost for the PAC to cover, but it seems like they're inviting Krasner to pile on some kind of fraud or deceptive practices allegation
https://www.reuters.com/legal/judge-weighs-challenge-elon-musks-1-million-voter-giveaway-2024-11-04/