Company: LTRYW
Filing Date: 2025-11-20
Form Type: 10-Q
Source: 0001493152-25-024384
Chunk: 157

Company: Lottery.com Inc.
Filing Date: 2025-11-20
Form: 10-Q
Item: Part I, Item 8
Chunk 157
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 in the global entertainment and gaming industries
and, like us, seek to expand their product and service offerings with integrated products and solutions. Our short-to-medium term
focus is on increasing our brand penetration in U.S. and international jurisdictions by increasing direct to consumer marketing
campaigns, entering into affiliate partnerships in U.S. and select foreign jurisdictions and acquiring synergistic enterprises domestically and abroad.

Current
Plan of Operations

As
of the date of this Report, the Company’s primary revenue drivers are its data business, lottery ticket sales in Mexico and
sponsorship and licensing deals with Sports.com Media Group. It is anticipated that operational costs for the next 12 months through September 30, 2026 will be
greater than revenues. It is anticipated that the liquidity gap will be satisfied by equity investment or debt incurred, of which there
is no assurance.

Within
the next 12 months, the Company plans to continue to reintroduce the Lottery.com brand to the domestic market and expand
international operations in gaming, sports, and entertainment. Moreover, the Company plans to enhance its mobile application to include pool plays, ticket
subscriptions, loyalty programs and various gamification modules.

The
Company is moving forward with its previously announced plans to monetize the Sports.com brand. Those plans include introducing an advertising-supported
subscription model; the creation and licensing of original content through Sports.com Studios; and completing the acquisition of Nook
and marketing business licenses to companies in the sports, health and wellness markets seeking access to Dubai and the broader Middle
Eastern market.

The
acquisition of DotCom Ventures Inc. introduces additional revenue streams for us including concert and sporting events ticket sales,
an entertainment focused marketplace of concert memorabilia, live streaming of concert events, and ticket sales in international jurisdictions.

 10 

Results
of Operations

Our
consolidated financial statements have been prepared assuming that we will continue as a going concern and, accordingly, do not include
adjustments relating to the recoverability and realization of assets and classification of liabilities that might be necessary should
we be unable to continue in operation. We will require additional capital to meet our long-term operating requirements. We expect to
raise additional capital through, among other things, the sale of equity or debt securities.

Three
Months Ended September 30, 2025 Compared to Three Months Ended September 30, 2024

The
following table summarizes our results of operations for the three months ended September 30, 2025 and September 30, 2024