Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 87

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 87
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 a Notice of Voluntary Dismissal Without Prejudice, which stated that
Woodford provides notice of dismissal of all claims without prejudice against Defendants Lotttery.com and its directors.

With the dismissal of this lawsuit by Woodford, no
further action is required by Lottery.com or its directors at this time. The Company is determining its next course of action in resolving
any further matters regarding Woodford.

The validity and application of the Woodford Loan
Agreement Amendment is disputed by the Company.

Despite requests from the Company, Woodford has repeatedly
amongst other things: failed to prove the amounts borrowed by the Company or claimed to have been advanced by Woodford to the Company;
failed to indicate if it would accept accelerated payment of those verified amounts; failed to provide an anti-money laundering acceptable
account to which payment could be made by the Company and failed to explain failure to respond to requests for other funding to be accepted
in the context of the Woodford Loan Agreement; failed to respond to requests for funding under the accordion facility of the Woodford
Loan Agreement; and failed to respond to allegations of money laundering and conspiracy to defraud the Company and others.

| 18 |

McTurk

On June 10, 2024, the Company and Matthew McGahan
(“McGahan”) (Company and McGahan collectively, “Defendants”) filed their Notice of Removaland No Answer Motion to Dismiss a state court complaint filed by Sharon A. McTurk (“McTurk”), Rutherford Enterprises, LLC (“Rutherford”),
SJB Solutions, LLC (“SJB”) and Astra Supply Chain, LLC (“Astra”) McTurk, Rutherford, SJB and Astra (collectively,
“Plaintiffs”) alleging fraudulent and negligent misrepresentation, aiding and abetting, and conspiracy by Defendants. On July
2, 2024, McGahan filed his Motion to Dismiss for Lack of Personal Jurisdictionand Defendants filed their Motion to Dismiss for Failure to State a Claim and Supporting Memorandum of Law(“Motions to Dismiss”). On July 19, 2024, Plaintiffs filed
their response to the Motions to Dismiss. Defendants filed their reply on August 29, 2024 to Plaintiffs response to Defendants’
Motions to Dismiss. On February 25, 2025, the Court entered an Order granting Defendants’ Motion to Dismiss for Failure to State
a Claim (the “Order”). Accordingly, Plaint