Company: LTRYW
Filing Date: 2025-12-10
Form Type: PRE 14A
Source: 0001493152-25-027089
Chunk: 35

Company: Lottery.com Inc.
Filing Date: 2025-12-10
Form: PRE 14A
Chunk 35
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 stockholders who hold the pre-Forward Stock Split shares as part of a straddle, hedge, conversion transaction or other integrated or risk reduction transaction, stockholders who hold the pre- Forward Stock Split shares as qualified small business stock within the meaning of Section 1202 of the Code or Section 1244 stock for purposes of Section 1244 of the Code, stockholders who acquired their Common Stock in a transaction subject to the gain rollover provisions of Section 1045 of the Code, or stockholders who acquired their pre-Forward Stock Split shares pursuant to the exercise of employee stock options or otherwise as compensation.

In addition, this summary does not address: (a) the tax consequences of transactions effectuated before, after or at the same time as a Forward Stock Split, whether or not they are in connection with a Forward Stock Split; (b) any U.S. federal non-income tax consequences of a Forward Stock Split, including estate, gift or other tax consequences; (c) any state, local or non-U.S. tax consequences of a Forward Stock Split; (d) the application of the alternative minimum tax, the Medicare contribution tax on net investment income, or the special tax accounting rules under Section 451(b) of the Code, or (e) tax consequences to holders of options, warrants or similar rights to acquire our Common Stock. Stockholders are urged to consult their own tax advisors to determine the particular consequences to them.

For purposes of this discussion, a “U.S. Holder” means a beneficial owner of shares of our Common Stock that is any of the following:

| ● | an                                                                                                                                    
 individual who is a citizen or resident of the United States or someone treated as a U.S. citizen or resident for U.S. federal income 
 tax purposes;                                                                                                                         |
| ● | a                                                                                                                                     
 corporation (or other entity taxable as a corporation for U.S. federal income tax purposes) created or organized in or under the      
 laws of the United States, any state thereof, or the District of Columbia;                                                            |
| ● | an                                                                                                                                    
 estate, the income of which is subject to U.S. federal income taxation regardless of its source; or                                   |
| ● | a                                                                                                                                     
 trust if (i) a U.S. court can exercise primary supervision over the trust’s administration and one or more “United States             
 persons” (within the meaning of Section 7701(a)(30) of the Code) are authorized or have the authority to control all substantial      
 decisions of the trust or (