Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 59

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 59
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 included (i) offering the Platform via our Lottery.com app and
our websites to users located in the U.S. and international jurisdictions where the sale of lottery games was legal and our services
were enabled for the remote purchase of legally sanctioned lottery games (our “B2C Platform”); (ii) offering an internally
developed, created and operated business-to-business application programming interface (“API”) of the Platform, which enabled
our commercial partners, in permitted U.S. and international jurisdictions, to purchase certain legally operated lottery games from us
and to resell them to users located within their respective jurisdictions (“B2B API”); and (iii) delivering global lottery
data, such as winning numbers and results, and subscriptions to data sets of our proprietary, anonymized transaction data pursuant to
multi-year contracts to commercial digital subscribers (“Data Service”).

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Mobile Lottery Game Platform Services

Both our B2C Platform and our
B2B API provided users with the ability to purchase legally sanctioned draw lottery games via a mobile device or computer, securely maintain
their acquired lottery game, automatically redeem a winning lottery game, as applicable, and receive support, if required, for the claims
and redemption process. Our registration and user interfaces were designed to be easy to use, provide for the creation of an account and
purchase of a lottery game with minimum friction and without the creation of a mobile wallet or requirement to pre-load minimum funds
and - importantly - to provide instant confirmation of the user’s lottery game numbers, whether selected at random or picked by
the user. Users of our B2C Platform services paid a service fee and, in certain non-U.S. jurisdictions, a mark-up on the purchase price.
Prior to the Operational Cessation, we generated revenue from this service fee and mark-up. Our Ticket Processing Platform resumed limited
operations for the month of April 2023. As of the date of this Report, our B2C Platform is not currently available to the public. We anticipate
that our B2C Platform will become available again by mid-year 2025.

The WinTogether Platform

Prior to the U.S. 2022
Operational Cessation, we operated and administered of all sweepstakes offered by WinTogether, a registered 501(c)(3) charitable
organization (“WinTogether”), which was formed in April 2020 to support charitable, educational, and scientific causes.
The WinTogether platform continued operating after the 2022 Operational Cessation