Company: LTRYW
Filing Date: 2025-04-25
Form Type: S-1/A
Source: 0001641172-25-006093
Chunk: 2

Company: Lottery.com Inc.
Filing Date: 2025-04-25
Form: S-1/A
Chunk 2
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 on November 21, 2024, (the “Agreement”) with Generating Alpha Ltd., a St. Kitts and Nevis company,
(the “Investor”). The Investor has agreed to purchase from the Company up to One Hundred Million Dollars ($100,000,000) (the
“Commitment Amount”) of the Company’s fully registered, freely tradable common stock (the “Common Stock”)
under certain terms and conditions. Pursuant to the terms of the Agreement the Company can request a “Put” on the purchase
of its stock and the Investor has agreed to purchase the Company’s shares at ninety (90%) percent of the “Market Price.”
Market Price shall be defined as the average VWAP of the common stock twenty trading days immediately preceding the Put (“Maximum
Put Amount”). The dollar amount of Common Stock sold to the Investor in each Put may not be less than $20,000.00 and the maximum
amount will equal 100% of the Average Daily Trading Volume. The Maximum Put Amount may be increased upon mutual written consent of the
Company and the Investor. Puts are further limited to Investor owning no more than 4.99% of the Common Stock at any given time.

<div align='center'>Selling Securityholder Offering

5,688,622Shares of Company common stock registered on behalf of Selling Shareholders either directly or upon exercise of warrants.</div>

This prospectus also relates
to the offer and resale from time to time by the selling shareholders named herein (the “Selling Shareholders”), or
their permitted transferees of shares of common stock, consisting of (i) 2,810,897 shares of common stock (ii) 458,370 shares of
common stock issuable upon exercise of outstanding warrants (iii) shares of common stock related to conversion of 1,906,693
prefunded common stock warrants (together the “Commitment Fee Warrant Shares”) and (iv) 512,662 issued to the Investor
as a commitment fee (the “Commitment Fee Shares) upon the execution of a stock purchase agreement dated November 13, 2024 (the
“Stock Purchase Agreement”).

With respect to
sales of stock by the Company directly to investors, there is no minimum for this Offering. The Offering will commence promptly on the
date upon which this prospectus is declared effective by the SEC and will continue for 18 months. At the discretion of our board of directors,
we may discontinue the offering