Company: LTRYW
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003901
Chunk: 182

Company: Lottery.com Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 182
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 to be Issued Upon Exercise of Outstanding Options, Warrants and Rights |   |     | Weighted Average Exercise Price of Outstanding Options, Warrants and Rights |   |     | Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans |         |
| Equity Compensation plans approved by security holders(1) |     |                                                                                             | — |     |                                                                             | — |     |                                                                                              | 656,918 |

| (1) | Relates                                           
 to the Lottery.com 2021 and 2023 Incentive Plans. |

In connection with the Business Combination, the Board and stockholders approved the Lottery.com 2021 Incentive Plan, which enables the Company to grant non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock, restricted stock units, unrestricted stock, other share based awards and cash awards to directors, employees, consultants and advisors to improve the ability of the Company to attract and retain key personnel upon whom the Company’s sustained growth and financial success depend, by providing such persons with an opportunity to acquire or increase their proprietary interest in the Company.

2023 Equity Incentive Plan

On
October 10, 2023, the Board adopted the Lottery.com 2023 Employees’ Directors’ and Consultants Stock Issuance and Option
Plan (the “2023 Plan”) under which 500,000 shares of Class A common stock were initially reserved for issuance. The 2023
Plan allows for the issuance of incentive and non-qualified stock options, and restricted stock.

| 87 |

<div align='center'>DESCRIPTION OF SHARE CAPITAL</div>

Our authorized capital stock consists of 500,000,000 shares of common stock, $0.001 par value, and 1,000,000 shares of preferred stock, $0.001 par value. As of the date of this prospectus, we had 12,793,488 shares of common stock, and no preferred stock outstanding.

Common Stock

The following description of our common stock is a summary. It is not complete and is subject to and qualified in its entirety by our certificate of incorporation and bylaws, both as amended, a copy of each of which has been incorporated as an exhibit to the Registration Statement of which this Prospectus forms a part.

We are authorized to issue up to 500,000,000 shares of Common Stock, par value $0.001. Holders of our common stock are entitled to one vote for each share on all matters submitted to