Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 69

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 69
---

As of the date of this Report,
the Company’s primary revenue drivers are its data business and lottery ticket sales in Mexico. It is anticipated that operational costs for the next 12 months through April 30, 2026 will be greater than
revenues. It is anticipated that the liquidity gap will be satisfied by equity investment or debt incurred, of which there is no assurance.
We anticipate that our B2C Platform will become operational by mid-year 2025.

Beyond the next 12 months, the
Company plans to continue to expand domestic and international operations. Moreover, the Company plans to enhance its mobile application
to include pool plays, ticket subscriptions, loyalty programs and various gamification modules.

The Company is moving forward
with its previously announced plans to monetize the Sports.com brand. Those plans include introducing an advertising-supported subscription
model; the creation and licensing of original content through Sports.com Studios; and completing the acquisition of Nook and marketing
business licenses to companies in the sports, health and wellness markets seeking access to Dubai and the broader Middle Eastern market.

| 11 |

Results of Operations

Our consolidated financial statements
have been prepared assuming that we will continue as a going concern and, accordingly, do not include adjustments relating to the recoverability
and realization of assets and classification of liabilities that might be necessary should we be unable to continue in operation. We will
require additional capital to meet our long-term operating requirements. We expect to raise additional capital through, among other things,
the sale of equity or debt securities.

Three Months Ended March 31, 2025 Compared to Three Months Ended March 31, 2024

The following table summarizes our results of operations for the three
months ended March 31, 2025 and March 31, 2024, respectively.

<div align='center'>For the three months Ended March 31, 2025 and 2024</div>

|                               |     | March 31, |       2025 |   |     |   |       2024 |   |     |     |   $ Change |   |     |     | % Change |   |
|:------------------------------|:----|:----------|-----------:|:--|:----|:--|-----------:|:--|:----|:----|-----------:|:--|:----|:----|---------:|:--|
| Revenue                       |     | $         |    223,849 |   |     | $ |