For some reason, you can set the default for lookup fields, after they are created, on most other field types in SharePoint, but the Lookup Column does not have a default value. What?!!! Well, after scouring the web, I got some bits and pieces, but then I found a post by Ishai Sagi who talked about this very issue.
Basically, you have to write some .NET code and shove it in a web part (I piggy-backed my code to a button of an existing web part and re-GAC'd it -- of course you will want to remove the code and GAC the dll again after you are done). Here's the code you want to use:
web = SPContext.Current.Web;Hope that helps.
SPList docs = web.Lists["MyCustomList"];
SPFieldLookup f = (SPFieldLookup)docs.Fields["Email Address"];
f.DefaultValue = "3;#support@jwc3.net";
f.Update();



