“A lot” is the correct way to say it. It means “many” or “a large amount.” For example, “I have a lot of work to do” or “There are a lot of people here.” “Alot” is just a misspelling. It shouldn’t be used.
“An audit by an accounting firm is a much better way of fostering compliance than a lot of regulations.”
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I have a lot of experience in the field of computer science. I have worked on a lot of different projects over the years.
I have a lot of friends in this town, we hang out a lot together. The city has a lot of interesting things to do and see, we always find something new.
Even though elite schools represent a small fraction of all undergrads, affluent students at elite schools borrow a lot.
We need a lot more electricians if we’re going to electrify everything.