Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 87

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 87
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 adjusted basis, respectively                                                                                              |     | $          |        7,447 |   |     |                           |       59,971 |   |
| Preferred stock, par value $0.001 per share; no shares issued and outstanding on actual basis and adjusted basis, respectively. |     |            |            - |   |     |                           |            - |   |
| Additional paid in capital                                                                                                      |     |            |  277,489,875 |   |     |                           |  323,439,875 |   |
| Accumulated other comprehensive loss                                                                                            |     | $          |      (51,595 | ) |     |                           |      (51,595 | ) |
| Accumulated deficit                                                                                                             |     | $          | (246,784,505 | ) |     |                           | (246,784,505 | ) |
| Total shareholders’ equity                                                                                                      |     | $          |   30,661,222 |   |     |                           |   76,706,965 |   |
| Total capitalization                                                                                                            |     | $          |   32,693,292 |   |     |                           |   78,739,035 |   |

The number of shares of common stock to be outstanding after the offering is based on shares outstanding on June 30, 2024 plus 2,523,969shares issued between June 30, 2024 and the date of this prospectus plus 50,000,000 additional shares resulting from this offering.

| 44 |

<div align='center'>DILUTION</div>

Purchasers of the Common Shares in this offering will experience immediate and substantial dilution to the extent of the difference between the public offering price per Common Share paid by the purchasers of the Common Shares in this offering and the pro forma, as adjusted net tangible book value per Common Share immediately after, and giving effect to, this offering. Dilution results from the fact that the public offering price per Common Share in this offering is substantially in excess of the net tangible book value per Common Share attributable to our existing shareholders for our presently outstanding Common Shares.

Our historical net tangible book value per Common Share is determined by dividing our net tangible book value, which is the book value of our total tangible assets less the book value of our total liabilities, by the number of outstanding Common Shares. As of June 30, 2024, the historical net tangible book value of our Common Shares was $6,