Company: LTRYW
Filing Date: 2025-10-15
Form Type: 10-Q/A
Source: 0001493152-25-018121
Chunk: 36

Company: Lottery.com Inc.
Filing Date: 2025-10-15
Form: 10-Q/A
Chunk 36
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 for all periods
presented.

Preferred Stock

Pursuant to the Company’s charter,
the Company is authorized to issue 1,000,000 shares of preferred stock, par value $0.001 per share. Our board of directors has the authority
without action by the stockholders, to designate and issue shares of preferred stock in one or more classes or series, and the number
of shares constituting any such class or series, and to fix the voting powers, designations, preferences, limitations, restrictions and
relative rights of each class or series of preferred stock, including, without limitation, dividend rights, conversion rights, redemption
privileges and liquidation preferences, which rights may be greater than the rights of the holders of the common stock. As of March 31,
2025, there were no shares of preferred stock issued and outstanding.

| F-20 |

Common Stock

Our Charter authorizes the issuance of an
aggregate of 500,000,000 shares of Common Stock, par value $0.001 per share. The shares of Common Stock are duly authorized, validly issued,
fully paid and non-assessable. Our purpose is to engage in any lawful act or activity for which corporations may now or hereafter be organized
under the DGCL. Unless our Board determines otherwise, we will issue all shares of our common stock in an uncertificated form. Holders of our Common Stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders. The holders
of Common Stock do not have cumulative voting rights in the election of directors. Upon our liquidation, dissolution or winding up and
after payment in full of all amounts required to be paid to creditors and to the holders of preferred stock having liquidation preferences,
if any, the holders of our Common Stock will be entitled to receive pro rata our remaining assets available for distribution.

As of March 31, 2025 and December 31,
2024, 26,700,060
and 18,326,855
shares of Common Stock, post reverse stock split, respectively, were outstanding. During the quarter ended March 31, 2025, the
Company issued the following shares of common stock.

Schedule of Common Stock

| Issuance from conversion of notes |     |    78,574 |
| Issuance in lieu of cash payments |     | 8,294,631 |
| Total                             |     | 8,373,205