Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 84

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 84
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 to expand into entertainment and gaming markets that may be created by new technologies. If technologies are protected
by the intellectual property rights of others, including our competitors, we may be prevented from introducing products, services or
systems based on these technologies or expanding into markets created by these technologies. If the intellectual property rights of others
prevent us from taking advantage of innovative technologies, our prospects, results of operations, cash flows, and financial condition
may be adversely affected.

Our
business activities, products, services, and systems may infringe upon the proprietary rights of others, and other parties may assert
infringement claims against us. In addition to infringement claims, third parties may allege claims of invalidity or unenforceability
against us or against our licensees or manufacturers in connection with their use of our technology. A successful challenge to, or invalidation
of, one of our intellectual property interests, a successful claim of infringement by a third party against us, our business activities,
products, services and systems, or one of our licensees in connection with the use of our technologies, or an unsuccessful claim of infringement
made by us against a third party or its business activities, products, services and systems could adversely affect our business or cause
us financial harm. Any such claim and any resulting litigation, should it occur, could:

  be                                                                                                                                        
  invalidate                                                                                                                                
  cause                                                                                                                                     
  require                                                                                                                                   
  require                                                                                                                                   
  impact                                                                                                                                    
  require                                                                                                                                   

Legal
Proceedings Risks

We
are party to pending litigation and investigations in various jurisdictions and with various plaintiffs and we may be subject to future
litigation or investigations in the operation of our business. An adverse outcome in one or more proceedings could adversely affect our
business, financial condition, and results of operations.

We
are, and have been party to, and we may in the future increasingly face the risk of, claims, lawsuits, investigations, and other proceedings,
including those which may involve securities, competition and antitrust, anti-money laundering, OFAC, regulatory, lottery or gaming,
intellectual property, privacy, consumer protection, accessibility claims, tax, labor and employment, commercial disputes, services and
other matters. Litigation to defend us against claims by third parties, or to enforce any rights that we may have against third parties,
may be necessary, which could result in substantial costs, fines or penalties and diversion of our resources, causing a material adverse
effect on our business, financial condition, and results of operations