You know, there's a town in the Ratlam district of Madhya Pradesh, India called Alote. But I'm guessing you're not interested in this.

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To assign a portion of something is to allot. You're probably not interested in that definition either.

If you like something very much, you might say, "I like that a lot!". I think this is what you were going for.

However, you were probably directed to this page because you were caught using "alot". While some argue that alot should be a word, just as "a while" finally became "awhile", it's currently not a word.