Company: LTRYW
Filing Date: 2025-05-07
Form Type: S-1/A
Source: 0001641172-25-009053
Chunk: 181

Company: Lottery.com Inc.
Filing Date: 2025-05-07
Form: S-1/A
Chunk 181
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 We shall advance monies to a director, officer or other individual for costs, charges and expenses reasonably incurred in connection with such a proceeding; provided that such individual shall repay the moneys if the individual does not fulfill the conditions described below or is not successful on the merits in their defense of the action or proceeding. Indemnification is prohibited unless the individual:

| ● | Acted                                                                                                                               
 honestly and in good faith with a view to our best interests;                                                                       |
| ● | In                                                                                                                                  
 the case of a criminal or administration action or proceeding enforced by a monetary penalty, had reasonable grounds to believe the 
 conduct was lawful; and                                                                                                             |
| ● | Was                                                                                                                                 
 not judged by a court or other competent authority to have committed any fault or omitted to do anything that the individual ought  
 to have done.                                                                                                                       |

Listing on the NASDAQ Market

Our common stock is listed on NASDAQ under the symbol “LTRY” and our public warrants are listed on NASDAQ under the symbol “LTRYW”.

Transfer Agent and Registrar

The transfer agent and registrar for our common stock in the United States is Continental Stock and Transfer Trust, 1 State Street 30th Floor, New York, NY 10004.

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<div align='center'>CERTAIN TAX CONSIDERATIONS</div>

The following description is not intended to constitute a complete analysis of all tax consequences relating to the ownership or disposition of our Common Shares, including the Common Shares. You should consult your own tax advisor concerning the tax consequences of your particular situation, as well as any tax consequences that may arise under the laws of any local, state, foreign, or other taxing jurisdiction.

The Company is a corporation and expects to be taxed for U.S. income tax purposes as such. We and our Investors will be subject to U.S. federal income tax and may also be subject to state and local income tax taxes in states and localities in which we are deemed to be doing business. Except where we reference specific states, this discussion does not cover state or local income tax consequences you may incur in connection with your investment.

Except as to disclosure of the Company’s withholding and reporting requirements under U.S. income tax law as to possible payments to be made to holders of our Shares presented herein, this Prospectus does not otherwise address any of the other applicable aspects of U.S. federal income taxation that may be relevant to you, including, the federal income tax ramifications as to the purchase, ownership or disposition of the Shares.