Company: LTRYW
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003901
Chunk: 197

Company: Lottery.com Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 197
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 ) |
| Effect of                                                       
 exchange rate changes on cash                                   |     |                    |      95,289 |   |     |      |       4,277 |   |
| Net change                                                      
 in net cash and restricted cash                                 |     |                    |     257,061 |   |     |      | (32,563,204 | ) |
| Cash                                                            
 and restricted cash at beginning of period                      |     |                    |     102,766 |   |     |      |  32,638,970 |   |
| Cash                                                            
 and restricted cash at end of period                            |     | $                  |     359,826 |   |     | $    |     102,766 |   |
| Supplemental                                                    
 Disclosure of Cash Flow Information:                            |     |                    |             |   |     |      |             |   |
| Interest                                                        
 paid in cash                                                    |     | $                  |           - |   |     | $    |     483,582 |   |
| Taxes                                                           
 paid in cash                                                    |     | $                  |           - |   |     | $    |           - |   |

<div align='center'>The accompanying notes are an integral part of these restated consolidated financial statements.</div>

| F-8 |

<div align='center'>LOTTERY.COM INC.

NOTES TO RESTATED CONSOLIDATED FINANCIAL STATEMENTS</div>

Note 1. Nature of Operations

Description of Business

During FY 2023, the Company addressed
legacy issues while successfully regaining full compliance with Nasdaq’s continued listing rules and restarting operations in order
to stage Lottery.com for growth in FY 2024. The cornerstone of the Company’s operational progress for FY 2024 will be
driven by technology, product and service/capability enhancements.

This Amended Report is reflective of the Company’s commitment to
transparency, integrity, and responsible corporate governance. The investment commitments from United Investments Capital London, including Prosperity Investment Management and others, and investors placed by Univest Securities LLC, outlined in this report are evidence of investor belief in Management’s capability to resume core lottery and gaming operations, monetize the Sports.com brand, and expand all the Company’s brands across the globe.

Lottery.com Inc. (formerly Trident Acquisitions Corp) (“TDAC”, “Lottery.com” or “the Company”), was formed as a Delaware corporation on March 17, 2016. On