I am not sure if this is how the IRCC lottery system work though. May be I understand this process wrongly...
Say the Lottery is open on Jan 2, 2018 and people start submitting their interest to sponsor. The online form closed on Feb 2, 2018 and assuming there are 100,000 submissions. IRCC will remove all dup and assuming after this removal process, there are still around 80,000 submission. Then IRCC randomly pick 10,000 submission out of this 80,000 pool. Now, IRCC start sending invitation to this 10,000 submissions and giving them deadline of May 25, 2018 to submit the papers application.
As we already know by now, some of the posters here (those who have been invited within the 10,000 quota) have been saying that they were selected this year but after carefully read through, they realized that they did not meet the LICO to be eligible hence they just took someone else spot. Those spots, in my understanding, will be made available for IRCC to select again from the pool in the 2nd round.
So, with this kind of process (as I said, the way I understand it), how could IRCC receive more than 10,000 qualified applications?