Company: LTRYW
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010091
Chunk: 231

Company: Lottery.com Inc.
Filing Date: 2025-05-14
Form: S-1/A
Chunk 231
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. He was paid a total of $264,000
in 2024 for his legal services.

During the quarter ended September 30, 2024, the Company entered into a
borrowing arrangement with Robert Stubblefield, the Company’s Chief Financial Officer, to provide funding for certain operating
expenses of the Company. At September 30, 2024 the Loan amount was $57,682. Additional amounts were provided by Mr. Stubblefield during
the quarter ended December 31, 2024. The loan amount at year end was $67,941.The Loan was issued at zero percent interest. The
Company has not made any payments on the loan as of the date of this report.

Note 16. Subsequent Events

On February 11, 2025,Sports.com entered into a multi-year global partnership agreement with Soccerex, the world’s leading soccer (hereinafter referred to as “football”) business event organizer. The Agreement makes Sports.com the title sponsor for six global events including Soccerex 2025 for MENA, Europe and USA to be held in Cairo, Amsterdam and Miami, respectively. This partnership will provide the Company with an influential platform to engage with key stakeholders in the football industry, further solidifying Sports.com’s position at the intersection of sports, technology and entertainment. Working with the Soccerex team and its community presents an opportunity to build brand awareness internationally for the Company’s gaming, content and entertainment brands.

On February 18, 2025, the Company announced the establishment of a global advisory board to provide active strategic guidance and support the Company’s growth, structure and expansion into new markets. The Advisory Board will focus on the Company’s two primary brands, Lottery.com and Sports.com, along with its subsidiaries. The Advisory Board will provide independent advice on evolving trends and challenges to Lottery.com’s board of directors and executive management team, helping evaluate the Company’s current business model, refine operations and explore new trends and prospects to accelerate growth. Additionally, the Advisory Board will support corporate governance and offer strategic recommendations to ensure compliance and long-term stability.

On February 24, 2025, Texas Lottery Commission Executive
Director Ryan Mindell announced that lottery ticket courier services are not allowed under Texas law and that the agency will move forward
with proposed rule amendments prohibiting lottery courier services within the state. The Policy prohibits the Company and other courier
services from holding a Texas Lottery retail license or procuring tickets from other licensed retailers.

On February 25, 2025, the