Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 75

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1A
Chunk 75
---
 to decline or become worthless.

We
rely on third-party providers for validation services regarding our users, and if such providers fail to perform adequately, provide
inaccurate information, or we do not maintain business relationships with them, our business, financial condition, and results of operations
could be adversely affected.

We
have relied and expect to rely in the future on third-party providers to assist in some or all of the required validation of the identity,
verification of the age, or geo-location of our prospective users, however, there is no guarantee that such third-party systems will
perform adequately, or at all, or be effective. To the extent that we rely on third parties for our identity, age, or geolocation systems
to ensure that we are in compliance with certain laws and regulations, any service disruption to those systems would prohibit us from
operating our offerings and would adversely affect our business. Additionally, incorrect or misleading geolocation, age, and identity
verification data with respect to current or potential users received from third-party service providers may result in us inadvertently
allowing access to our offerings to individuals who should not be permitted to access them, or otherwise inadvertently deny access to
individuals who should be able to access our offerings, in each case based on inaccurate identity or geographic location determination.
When operational, our third-party geolocation services provider relies on its ability to obtain information necessary to determine geolocation
from mobile devices, operating systems, and other sources. When operational, changes, disruptions, or temporary or permanent failure
to access such sources by our third-party services providers may result in their inability to accurately determine the location of our
users. Moreover, our inability to maintain our contracts with third-party services providers, or to replace them with equivalent third
parties, may result in our inability to access geolocation, age and identity verification data necessary for our day-to-day operations.
If any of these risks materializes, we may be subject to disciplinary action, fines, lawsuits, and our business, financial condition,
and results of operations could be adversely affected.

  40  

We
rely on third-party payment processors to process payments and withdrawals made by our users, and if we cannot manage our relationships
with such third parties and other payment-related risks, our business, financial condition, and results of operations could be adversely
affected.

When
operational, we rely on a limited number of third-party payment processors to process payments and withdrawals made by our users. If
any of our third-party payment