Company: LTRYW
Filing Date: 2025-04-09
Form Type: 10-K/A
Source: 0001641172-25-003412
Chunk: 3

Company: Lottery.com Inc.
Filing Date: 2025-04-09
Form: 10-K/A
Chunk 3
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 Report, including, without limitation, under the headings in Part I, “Item 1. Business,” “Item 1A. Risk Factors,” and in Part II, “Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations.” In addition, any statements that refer to projections, forecasts
or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. Forward-looking
statements are typically identified by words such as “plan,” “believe,” “expect,” “anticipate,”
“intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,”
“could,” “may,” “might,” “possible,” “potential,” “predict,”
“should,” “would” and other similar words and expressions, but the absence of these words does not mean that
a statement is not forward-looking.

Forward-looking statements are based on the current expectations of the management of Lottery.com and are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of such statement. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors discussed and identified in public filings made with the Securities and Exchange Commission (the “SEC”) by Lottery.com, as well as the following:

| ● | The                                                                                                                                         
 findings of the previously disclosed Internal Investigation (as defined herein) and other matters have exposed us to a number of            
 legal proceedings, investigations and inquiries, resulted in significant legal and other expenses, required significant time and            
 attention from our senior management, among other adverse impacts.                                                                          |
| ● | We                                                                                                                                          
 and certain of our officers and directors and our former officers are, and may become in the future, the subject of legal proceedings,      
 investigations and inquiries by governmental agencies with respect to the findings of the Internal Investigation and other matters,         
 which could have a material adverse effect on our reputation, business, financial condition, cash flows and results of operations,          
 and could result in additional claims and material liabilities against us.                                                                  |
| ● | We                                                                                                                                          
 have been named as a defendant in a number of civil lawsuits filed by purchasers of our securities, [including class action                 
 lawsuits] that could have a material adverse impact on our business