Company: LTRYW
Filing Date: 2025-01-30
Form Type: PRE 14A
Source: 0001493152-25-004309
Chunk: 37

Company: Lottery.com Inc.
Filing Date: 2025-01-30
Form: PRE 14A
Chunk 37
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 |   243,335 |     |                                     |  2.01 | % |
| United Capital Investment London Ltd                       |     |                                           |   937,500 |     |                                     |  7.76 | % |
| DIRECTORS AND EXECUTIVE OFFICERS AS A GROUP (FOUR PERSONS) |     |                                           | 3,174,545 |     |                                     | 26.28 | % |

| (1) | The                                                                                                                    
 business address of each of these stockholders is c/o Lottery.com Inc., 5049 Edwards Ranch Rd., 4th Floor, Fort Worth, 
 TX 76109.                                                                                                              |

<div align='center'>CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS</div>

Services Agreement with Master Goblin Games, LLC

In March 2020, the Company entered into a service agreement (as amended, the “Service Agreement”), with Master Goblin Games, LLC (“Master Goblin”), an entity that is wholly owned by our former President and CFO, Ryan Dickinson. Master Goblin leases retail locations in certain U.S. jurisdictions from which it operates tabletop game retail stores and, ancillary to such retail operations, acts as sales agent or retailer licensed by the state lottery commission of such jurisdiction to sell lottery game tickets from such retail stores. The Company acquired lottery games as requested by users from Master Goblin on a non-exclusive basis in such jurisdictions.

Pursuant to the
Service Agreement, Master Goblin was authorized and approved by the Company to incur up to $100,000 in initial expenses per location
for the commencement of operations at each location, including, without limitation, tenant improvements, furniture, inventory, fixtures
and equipment, security and lease deposits, and licensing and filing fees. Similarly, pursuant to the Service Agreement, during each
month of operation, Master Goblin was authorized to submit to the Company for reimbursement on-going expenses of up to $5,000 per location
for actually incurred lease expenses. The initial expenses were submitted by Master Goblin to the Company upon Master Goblin securing
a lease and leases were only secured by Master Goblin in any location upon request of the Company. Such initial expenses were recorded
by the Company as lease obligations. On-going expenses were submitted by Master Goblin to the Company on a monthly basis, subject to
offset, and were recorded by the Company as an expense. To the extent Master Goblin had a positive net income in any month, exclusive
of the sale of lottery games, such net income reduced or eliminated such