Company: LTRYW
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003901
Chunk: 90

Company: Lottery.com Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 90
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 future events or otherwise, except as required by law.

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<div align='center'>THE OFFERING</div>

We are registering: (1) the
issuance by us of an indefinite number of shares of the Company’s common stock, par value $0.001 per share (“common
stock”) to enable the Company to raise $100,000,000 under a Stock Purchase Agreement entered into on November 13, 2024.
In this registration statement we are registering 20,000,000 shares related to that Stock Purchase Agreement and may be required to
register additional shares at a later date. We are also registering shares as a Commitment Fee of 512,662 shares of Common Stock
and a prefunded Common Stock Purchase Warrant for 1,906,693 shares pursuant to the Stock Purchase Agreement. We are registering an indefinite
number of shares for sale under the Stock Purchase Agreement.

This prospectus also relates
to the offer and resale from time to time by the selling shareholders named herein (the “Selling Shareholders”), or their
permitted transferees, of shares of common stock, consisting of: (i) (512,662 shares of common stock issued to the Investor as a commitment
fee (the “Commitment Fee Shares”), (ii) shares of common stock related to conversion of 1,906,693 prefunded common stock
warrants (the “Commitment Warrant Shares”) issued to the Investor as a commitment fee upon the execution of a stock purchase
agreement dated November 13, 2024 (the Stock Purchase Agreement”), (iii) 2,810,597 to certain selling shareholders and (iv) 458,370 shares
of common stock issuable upon exercise of warrants to certain consultants.

Stock Purchase Agreement and Common Stock Purchase Warrant

On
November 13, 2024, the Company and Generating Alpha Ltd. (the “Investor”), entered a Stock Purchase Agreement and Common
Stock Purchase Warrant (“Stock Purchase Agreement”). The Investor has agreed to purchase from the Company up to One Hundred
Million Dollars ($100,000,000) (the “Commitment Amount”) of the Company’s fully registered, freely tradable common
stock (the “Common Stock”) under certain terms and conditions. Pursuant to the terms of the Stock Purchase Agreement the
Company can request a “Put” on the purchase of its stock and the Investor has agreed to purchase the Company’s shares
at ninety (90