Hi, you don't say what bike it is??? anyway, depends what the engine revs are doing at that moment when you say it doesn't respond, has the bike got a tacho so you can see what the revs are doing? if the revs are climbing when you say it loses power it means a slipping clutch therefore when you ease off the throttle the clutch will re-engage drive suddenly, hence the 'lurch' as you describe.
Otherwise it could be (high-speed??) fuel starvation possibly due to blocked filler cap or restricted fuel tap or carb jets.
Ted
March 2011