Company: LTRYW
Filing Date: 2025-04-22
Form Type: 10-K/A
Source: 0001641172-25-005663
Chunk: 201

Company: Lottery.com Inc.
Filing Date: 2025-04-22
Form: 10-K/A
Chunk 201
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 accrual was paid in cash on February 16, 2024 and only $60,000 of the accrual was paid in cash on December 18, 2023.                                                                                                                         |

Compensation Committee Interlocks and Insider Participation

None of the individuals who served as a member of the Compensation Committee during fiscal 2024 is, or has ever been, an officer or employee of the Company or any of its subsidiaries or has or had any relationship with the Company requiring disclosure under Item 404 of Regulation S-K under the Exchange Act. In addition, during the last fiscal year, no executive officer of the Company served as a member of the board of directors or the compensation committee of any other entity that has or has had one or more executive officers serving on our Board or our Compensation Committee.

| 85 |

Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

The following table shows information with respect to the beneficial ownership of our common stock as of December 31, 2024, for:

| ● | each                                                                               
 person known to us to own beneficially 5% or more of our outstanding common stock; |

| ● | each                                   
 of our directors or director nominees; |

| ● | each             
 of our NEOs; and |

| ● | all                                                 
 of our directors and executive officers as a group. |

As of December 31, 2024, there were 12,089,919 shares of our common stock outstanding. Except as indicated by footnote and subject to community
property laws where applicable, to our knowledge, the persons named in the table below have sole voting and investment power with respect
to all shares of common stock shown as beneficially owned by them as of December 31, 2024:

The amounts and percentages of shares beneficially owned are reported based on SEC regulations governing the determination of beneficial ownership of securities. Under SEC rules, a person is deemed to be a “beneficial owner” of a security if that person has or shares voting power or investment power, which includes the power to dispose of or to direct the disposition of such security. A person is also deemed to be a beneficial owner of any securities of which that person has a right to acquire beneficial ownership within 60 days. Securities that can be so acquired are deemed to be outstanding for purposes of computing such person’s ownership percentage, but not for purposes of computing any other person’s percentage. Under these rules, more than one person may be deemed to be a beneficial owner