Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 241

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 241
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4 than it was for the six months ended June 30,
2023. The increase was due to inclusion of compensation expense for the CEO and CFO for the six months ended June 30, 2024 where they
were not in their roles for the six months ended June 30, 2023.

Professional Fees. Professional
fees increased by $3.7 million, or 197%, from $1.9 million for the six months ended June 30, 2023 to $5.5 million for the six months ended
June 30, 2024. The increase was due to expenses incurred for outside attorneys, other consultants, and directors in the six months ended
June 30, 2024.

| F-39 |

General and Administrative.
General and administrative expenses decreased $330 thousand, or 25%, from $1.3 million for the six months ended June 30, 2023 to $971
thousand for the six months ended June 30, 2024. A primary driver of the reduction is lower accrual for franchise taxes in the six months
ended June 30, 2024 than the six months ended June 30, 2023.

Depreciation and Amortization.
Depreciation and amortization decreased $182 thousand, or 6%, from $2.80 million for the three months ended June 30, 2023 to $2.62 million
for the six months ended June 30, 2024. The decrease was primarily driven by write-offs to intangible assets related to Global Gaming
at the end of 2023 as well as another intangible asset becoming fully amortized at the end of 2023 - - both of which resulted in lower
amortization expense for the six months ended June 30, 2024.

Other (Income) Expense, Net.

|                           |     | For the six months Ended June 30, |         |     |      |        |     |          |         |   |     |          |     |   |
|                           |     |                              2024 |         |     | 2023 |        |     | $ Change |         |   |     | % Change |     |   |
| Other expenses            |     |                                   |         |     |      |        |     |          |         |   |     |          |     |   |
| Interest expense          |     |                                   | 224,031 |     |