Company: LTRYW
Filing Date: 2025-05-14
Form Type: S-1/A
Source: 0001641172-25-010091
Chunk: 194

Company: Lottery.com Inc.
Filing Date: 2025-05-14
Form: S-1/A
Chunk 194
---
      |      95,289 |   |
| Net change in net cash and restricted cash                                  |     |                          |    (291,791 | ) |     |      |     257,061 |   |
| Cash and restricted cash at beginning of period                             |     |                          |     359,826 |   |     |      |     102,766 |   |
| Cash and restricted cash at end of period                                   |     |                        $ |      68,035 |   |     |    $ |     359,826 |   |
| Supplemental Disclosure of Cash Flow Information:                           |     |                          |             |   |     |      |             |   |
| Interest paid in cash                                                       |     |                        $ |           - |   |     |    $ |           - |   |
| Taxes paid in cash                                                          |     |                        $ |           - |   |     |    $ |           - |   |

<div align='center'>The accompanying notes are an integral part of these restated consolidated financial statements.</div>

| F-7 |

<div align='center'>LOTTERY.COM INC.

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 1. Nature of Operations

Description of Business

During fiscal year 2024,
the Company continued to address legacy issues while identifying and securing partnerships along with completing key acquisitions in
order to stage Lottery.com for growth in fiscal year 2025. The cornerstone of the Company’s operational progress for fiscal year 2025 will be driven
by technology, M&A, the monetization of Sports.com and product and service and capability enhancements.

Lottery.com Inc. (formerly Trident Acquisitions Corp) (“TDAC”, “Lottery.com” or “the Company”), was formed as a Delaware corporation on March 17, 2016. On October 29, 2021, we consummated a business combination (the “Business Combination”) with AutoLotto, Inc. (“AutoLotto”). Following the closing of the Business Combination (the “Closing”) we changed our name from “Trident Acquisitions Corp.” to “Lottery.com Inc.” and the business of AutoLotto became our business. In connection with the Business Combination the Company moved its headquarters from New York, New York to Spicewood, Texas.

The Company is a leading provider of domestic and international lottery products and services. As an independent third-party lottery game service, the Company offers a platform that it