Company: LTRYW
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003901
Chunk: 228

Company: Lottery.com Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 228
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 anti-dilutive.

As of December 31, 2023, the Company excluded 17,283stock options, 100,639convertible debt into common shares, 191,622restricted awards, 193,465warrants, 86,301earn out shares and 30,206unit purchase options from the calculation of diluted net loss per share with the effect being anti-dilutive.

Note 13. Income Taxes

The Company’s pre-tax income (loss) by jurisdiction was as follows for the years ending December 31, 2023 and December 31, 2022:

Schedule of Pre-tax Income (Loss) by Jurisdiction

|          |     | 2023                         
 Year ended December 31, 2022 
 2023                         |             |   |     | 2022 
 2022 |             |   |
|:---------|:----|:-----------------------------|------------:|:--|:----|:-----|:------------|:--|
| Domestic |     | $                            | (25,683,200 | ) |     | $    | (13,525,998 | ) |
| Foreign  |     |                              |       3,545 |   |     |      | (1,899,580  | ) |
| Total    |     |                              | (25,679,655 | ) |     |      | (15,425,578 | ) |

The provision for income taxes for continuing operations for the year ended December 31, 2023 and 2022 consist of the following

Schedule of Income Tax for Continuing Operations

|                                    |     | Year ended December 31, 2022 
 2023                         |   2023 |     | 2022 |   2022 |
|:-----------------------------------|:----|:-----------------------------|-------:|:----|:-----|-------:|
| Current Income Taxes               |     |                              |        |     |      |        |
| Federal                            |     | $                            |      0 |     | $    |      0 |
| State                              |     |                              | 60,000 |     |      | 23,364 |
| Foreign                            |     |                              |      0 |     |      |      0 |
| Total current income taxes         |     |                              | 60,000 |     |      | 23,364 |
| Deferred Income Taxes              |     |                              |