Company: LTRYW
Filing Date: 2025-07-22
Form Type: 8-K
Source: 0001641172-25-020537
Chunk: 0

Company: Lottery.com Inc.
Filing Date: 2025-07-22
Form: 8-K
Item: Item 1.01
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Item
1.01 Entry into a Material Definitive Agreement.

Share
Purchase and Sale Agreement with DotCom Ventures Inc.

On
July 22, 2025, Lottery. com Inc., currently conducting business under the name “ SEGG Media Corporation” (collectively the “ Company” “ SEGG Media”) Agreement DVI

The
Agreement calls for SEGG Media to pay DVI Five Million Dollars ($5,000,000) as consideration for Majority Interest (51%). The parties
a mutually agree that at Closing, the Company shall have the option at its sole discretion to pay DVI the Purchase Price as follows:
(i) in cash; (ii) as Payment-In-Kind (as defined below) equivalent to the Purchase Price; or (iii) a combination of cash and Payment-In-Kind
(as defined below) equivalent to the Purchase Price. The term “ Payment-In-Kind shall be defined as restricted stock units of common
shares of SEGG Media to be applied towards the Purchase Price at a Fixed Price three business days
following the. Any Payment-In-Kind made as part of the consideration to satisfy any
portion of the Purchase Price shall carry full piggyback registrations rights for the benefit of Seller.

In
the event the closing price of the restricted stock units of common shares in SEGG Media to be issued to Seller as Payment-In-Kind at
Closing is lower than the Fixed Price at the close of trading on April 30, 2026 (the “ Reprice Date Market Price True-Up

At
Closing, Seller will grant to Buyer the right to purchase the balance of the issued and outstanding shares of common stock of DVI held
by Seller in excess of the Subject Shares as follows (the “ Option Final Payment

The Agreement will be qualified in its entirety by the forms that will
be filed and attached as exhibits to the Company’s forthcoming 10-Q.

SIGNATURES

Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.

  Lottery.com                         
  By:              /s/                
  Name:            Matthew            
  Title:           Chief              

July
22, 2025