Here's a real drop shot set-up for Walleyes.
Came across it while researching some spots I want to visit after I retire and can take my time to enjoy. 8-)

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We first discovered the technique when we were holding
directly over a bunch of suspended Walleye but couldn’t
catch them on the good ol’ Jig and Minnow. Even if we lifted
the jig off of bottom and held it at fish level, our success was
mediocre at best. That’s when the dropshot came out. A #2
dropshot hook, a small 1/8 ounce dropshot weight and a
lively minnow.
With the hook positioned around 12 – 18 inches above the
line, we simply dropped the rig over the side of the boat,
directly into the fish showing up on the depthfinder screen
and BAM… a new Walleye
technique was born.
A few pointers must be noted:
If the fish are on bottom, a jig
and Minnow will out produce
a dropshot rig.
Light line is a must on a
Dropshot since these fish
are up and mobile. 6 or 8 lb
fluorocarbon is best.
Leeches and Worms work as
well.
Hook the minnow through the lips, leeches through the
sucker and worms in the front tip (once through only on all)
Try not to move the rig much, let the live bait do most of the
work.
Drift as slow as possible or stay still if necessary.
We have found evening to be the best time.
Use a quality fish finder and learn to read it properly.
This Walleye technique has since worked for us all over the
country from Alberta, to Northern Ontario to the Bay of
Quinte and so on.
Good luck Dropshotting for Algoma Walleye, you’ve got the
resource and now you have one more technique!
Ang & Pete