The spelling of the word "lotz" can cause confusion due to the letter "z" at the end. However, it is a correct spelling and is pronounced as /lɑts/. The letter "z" represents the phoneme /ts/ which is a voiceless alveolar affricate. This sound is made by the release of a plosive /t/ followed by a fricative /s/. In English, this sound is typically found at the end of loanwords from languages such as German or Polish.