Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 51

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 51
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 the
availability of our services could diminish our brand and reputation, subject us to liability, disrupt our business, affect our ability
to scale our technical infrastructure, and adversely affect our operating results and growth prospects. Our software applications and
systems, and the third-party platforms upon which they are made available, could contain undetected errors.

Our
technology infrastructure is critical to the performance of our offerings and to user and customer satisfaction. We have devoted and
expect to continue to devote significant resources to network and data security to protect our systems and data and aim to make our operations
and our solutions more streamlined, automated, and cost-effective. Despite our expenditures, our systems may not be adequately designed
with the necessary reliability and redundancy to avoid performance delays or outages that could be harmful to our business. The measures
we take may not be sufficient to prevent or hinder cyber-attacks and protect our systems, data, and user and customer information and
to prevent outages, data, or information loss, fraud, and to prevent or detect security breaches, including a disaster recovery strategy
for server and equipment failure and back-office systems and the use of third parties for certain cybersecurity services. We have experienced,
and we may in the future experience, website disruptions, outages and other performance problems due to a variety of factors, including
infrastructure changes, human or software errors and capacity constraints. Such disruptions have not had a material impact on us; however,
future disruptions from unauthorized access to, fraudulent manipulation of, or tampering with our computer systems and technological
infrastructure, or those of third parties, could result in a wide range of negative outcomes, each of which could materially adversely
affect our business, financial condition, results of operations and prospects.

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Additionally,
our application and web-based products may contain errors, bugs, flaws, or corrupted data, and these defects may only become apparent
after their launch. If a particular product offering is unavailable when users or customers attempt to access it or navigation through
our offerings is slower than they expect, users may be unable to timely acquire their lottery games and may be less likely to use our
Platform again, if at all. Furthermore, programming errors, defects, and data corruption could disrupt our operations, adversely affect
the experience of our users or customers, harm our reputation, cause our users to stop utilizing our offerings, divert our resources,
and delay market acceptance of our offerings, any of which could result in liability to us or harm our business, financial condition,