Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 2

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 2
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 of50,000,000 Shares of Common stock at $1.00 per share

Selling Securityholder Offering

6,270,854Shares of Company common stock registered on behalf of Selling Shareholders either directly or upon exercise of warrants or conversion of convertible promissory notes.</div>

Lottery.com Inc. may from time to time offer and sell up to 50,000,000 shares of common stock, par value $0.001 per share (“common stock”). 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) 396,789 shares of common stock issuable upon conversion of certain outstanding convertible notes which were issued pursuant to private placements conducted in 2023 and 2024, (ii) 463,937 shares of common stock issuable upon exercise of the Private Placement Warrants; and (b) 5,410,128 held by certain officers, directors, employees and consultants of the Company.

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 before expiration of the 18-month
period.

The offering of the
50,000,000 shares is a “best efforts” offering, which means that our officers and directors will use their best efforts to
sell the common stock and there is no commitment by any person to purchase any shares. There is no minimum purchase requirement. The
shares will be offered at a fixed price of $1.00 per share for the duration of the offering. Proceeds from the sale of the shares
will be used to implement our plan of operation. Any funds that we raise from our offering of 50,000,000 shares of common stock will
be immediately available for our use and will not be returned to investors.

We will receive proceeds from the issuance and sale of our primary offering of common stock. We will not receive any proceeds from the sale of shares of common stock or warrants by the Selling Shareholders pursuant to this prospectus, except with respect to amounts received by us upon exercise of the warrants to the extent such warrants are exercised.

Our common stock is listed on The Nasdaq Stock Market LLC under the symbol “LTRY”. On September 24, 2024,