Company: LTRYW
Filing Date: 2025-04-21
Form Type: 10-K
Source: 0001641172-25-005487
Chunk: 23

Company: Lottery.com Inc.
Filing Date: 2025-04-21
Form: 10-K
Item: Item 1
Chunk 23
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 or our Board deems it necessary or advisable,
to cause any such securities be subject to redemption, we will deliver a redemption notice (as described in the Charter) to such person
or entity or its affiliate(s) (as applicable) and we will purchase the number and type of securities specified in the redemption notice
for the redemption price determined in accordance with the Charter and set forth in the redemption notice.

Data
Protection and Privacy

Because
we handle, collect, store, receive, transmit, and otherwise process certain personal information of our users, customers, and employees,
we are also subject to federal, state, and international laws and regulations related to the privacy and protection of such data. Regulations
such as the General Data Protection Regulation of the European Union put into effect in 2018 and the California Consumer Privacy Act,
could affect our business, and the potential impact is still being determined. Other states are considering similar laws, which could
impact our business.

Responsible
and Underage Gaming

We
are committed to compliance with the underage and responsible gambling requirements set forth in applicable domestic and international
statutes and regulations governing our operations. We take our corporate responsibility to our users and the regulators with authority
over our business very seriously, and we are focused on maintaining a safe and responsible gaming environment. We support and are members
of the National Council on Problem Gaming, whose mission is to lead state and national stakeholders in the development of comprehensive
policy and programs for all those affected by problem gaming. We continue to evaluate and develop our technology to meet the statutory
requirements regarding responsible gaming and self-exclusion, as well as our own self-imposed objectives regarding corporate social responsibility.

All
of the U. S. jurisdictions and most of the international jurisdictions in which we operate prohibit sales of lottery tickets to persons
under 18 years of age. We have instituted know-your-customer requirements to aid our efforts in identifying minors and preventing them
from using our services.

Many
jurisdictions, especially international jurisdictions, are imposing more stringent rules with regard to underage and responsible gambling.
This trend could continue to spread, and both U. S. and international jurisdictions may strengthen underage and responsible gambling requirements.

Compliance

We
intend to continue to develop a comprehensive internal compliance program, which will ensure compliance with legal requirements imposed
in connection with our activities and with legal requirements generally applicable to publicly traded companies. While we are firmly
committed to full compliance with all applicable laws and regulations, we cannot ensure that our compliance program will