Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 103

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 103
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Our
cash and cash equivalents may be exposed to failure of our banking institutions.

Since
we seek to minimize our exposure to third-party losses of our cash and cash equivalents, we hold our cash balances in more than one financial
institution. Notwithstanding such allocation, we are subject to the risk of bank failure and the consequent loss of our funds, in whole
or in part. If any bank at which we hold deposits were to experience a failure, we could experience the risk of loss, or limitation on
access to, our cash and cash equivalents which would adversely affect our business.

  56  

Item
1B. Unresolved Staff Comments.