Company: LTRYW
Filing Date: 2025-04-11
Form Type: S-1
Source: 0001641172-25-003901
Chunk: 173

Company: Lottery.com Inc.
Filing Date: 2025-04-11
Form: S-1
Chunk 173
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 as of specific dates, were solely for the
benefit of the parties to such agreements and may be subject to limitations agreed upon by the contracting parties. The Stock Purchase
Agreement contains restrictions on the Company’s ability to enter into any Variable Rate Transaction (as defined in the Stock Purchase
Agreement).

The Company further entered
into a Registration Rights Agreement with Investor, pursuant to which the Company agreed to register for resale ordinary shares underlying
the Stock Purchase Agreement. Those shares are registered pursuant to this Prospectus.

The Stock Purchase Agreement
shall only terminate upon the following events: (i) the first day of the month following the 60-month anniversary of the Effective Date,
(ii) the date on which the Investor shall have made payment of Puts pursuant to the Stock Purchase Agreement in the aggregate amount
of the Commitment Amount, or (iii) at such time that the Registration Statement is no longer effect. The Stock Purchase Agreement may
be terminated by the Company after commencement, at the Company’s discretion; provided, however, that if the Company sold less
than $5,000,000 to Investor, Company will pay to Investor a termination fee of $1,000,000, which is payable, at our option, in cash or
in shares of common stock at a price equal to the closing price on the day immediately preceding the date of receipt of the termination
notice.

<div align='center'>PLAN OF DISTRIBUTION</div>

Selling Shareholders

The Selling Shareholders, including Generating Alpha the investor of our primary offering, as used here includes donees, pledgees, transferees or other successors-in-interest selling shares of Common Stock or interests in shares of Common Stock received after the date of this prospectus from a Selling Shareholder as a gift, pledge, partnership distribution or other transfer, may, from time to time, sell, transfer or otherwise dispose of any or all of their shares of Common Stock or interests in shares of Common Stock on any stock exchange, market or trading facility on which the shares are traded or in private transactions. These dispositions may be at fixed prices, at prevailing market prices at the time of sale, at prices related to the prevailing market price, at varying prices determined at the time of sale, or at negotiated prices.

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The Selling Shareholders may use any one or more of the following methods when disposing of shares or interests therein:

| ● | ordinary brokerage transactions and transactions in which the                                                       
 broker-dealer solicits purchasers;                                                                                  |
| ●