Company: LTRYW
Filing Date: 2025-05-07
Form Type: S-1/A
Source: 0001641172-25-009053
Chunk: 93

Company: Lottery.com Inc.
Filing Date: 2025-05-07
Form: S-1/A
Chunk 93
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 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 Selling Shareholder 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 Selling Shareholder”), entered a Stock Purchase
Agreement and Common Stock Purchase Warrant (“Stock Purchase Agreement”). The Investor Selling Shareholder 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 Selling
Shareholder has agreed to purchase the Company