Company: LTRYW
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010091
Chunk: 167

Company: Lottery.com Inc.
Filing Date: 2025-05-14
Form: S-1/A
Chunk 167
---
 firm our guidelines and policies with respect to        
 risk assessment and risk management; and                                                                                                |
| ● | reviewing                                                                                                                               
 the Audit Committee Charter and the Audit Committee’s performance at least annually.                                                    |

With respect to our reporting and disclosure matters, the Audit Committee is also responsible for reviewing and discussing with the independent registered public accounting firm and management our annual audited financial statements and our quarterly financial statements prior to their inclusion in our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q or other publicly disseminated materials in accordance with the applicable SEC rules and regulations.

Compensation Committee

The members of our Compensation Committee are Messrs. Hassan, Gooding and Jordan. Mr. Hassan is the chairman of our Compensation Committee. All members of the Compensation Committee are “independent” in accordance with the Nasdaq Rules and SEC rules applicable to boards of directors in general and compensation committees in particular. In addition, at least two members of the Compensation Committee qualify as “non-employee directors” for purposes of Rule 16b-3 under the Exchange Act.

| 75 |

The Compensation Committee is responsible for reviewing and overseeing our compensation policies and practices and meets regularly throughout the year to review and discuss, among other items, our compensation philosophy, changes in compensation governance, and compliance rules and best practices. With respect to executive compensation, the Compensation Committee:

| ● | annually                                                                                                                           
 reviews and approves corporate goals and objectives relevant to the compensation of our CEO and other executive officers;          |
| ● | evaluates,                                                                                                                         
 as a committee or together with the other independent directors (as directed by the Board), the performance of our CEO and other   
 executive officers in light of such corporate goals and objectives, as well as their individual achievements;                      |
| ● | approves                                                                                                                           
 and recommends to our Board for approval of the compensation of our CEO and other executive officers based on this evaluation; and |
| ● | periodically                                                                                                                       
 reviews and approves of all elements of our CEO’s and other executive officers’ compensation, including cash-based and             
 equity-based awards and opportunities, as well as any employment agreements and severance agreements, change in control agreements 
 and special or supplemental compensation and benefits.                                                                             |

Nominating Committee

The members of our Nominating Committee are Messrs. Gooding, Jordan and Hassan. Mr. Gooding is the chairman of our Nominating Committee. All members of the Nominating Committee are “independent” in accordance with the Nasdaq Rules and SEC rules applicable to boards