Company: LTRYW
Filing Date: 2025-01-16
Form Type: POS AM
Source: 0001493152-25-002444
Chunk: 88

Company: Lottery.com Inc.
Filing Date: 2025-01-16
Form: POS AM
Chunk 88
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239,729 or $0.84 per Common Share.

After giving effect to the (i) sale by us of 50,000,000 shares of Common Shares in this offering at a public offering price of $1.00 per Common Share, and (ii) receipt by us of the net proceeds of this offering, after deduction of the underwriting discounts and commissions and the estimated offering expenses payable by us, our pro forma, as adjusted net tangible book value as of June 30, 2024 would have been $52,239,729, or $0.88 per Common Share. The difference between the public offering price per Common Share and the pro forma, net tangible book value per Common Share represents an immediate increase in net tangible book value of $0.04 per Common Share to our existing shareholders, and an immediate dilution in net tangible book value of $0.12 per Common Share to purchasers of Common Shares in this offering.

The following table illustrates, this dilution to purchasers in this offering on a per Common Share basis:

| Assumed public offering price per share                                                         |     | $ | 1.00 |
| Net tangible book value per share on June 30, 2024                                              |     | $ | 0.84 |
| Increase in net tangible book value per share to the existing stockholders attributable to this 
 offering                                                                                        |     | $ | 0.04 |
| Adjusted net tangible book value per share after this offering                                  |     | $ | 0.88 |
| Dilution in net tangible book value per share to new investors                                  |     | $ | 0.12 |

| 45 |

<div align='center'>SELECTED HISTORICAL CONSOLIDATED FINANCIAL DATA AND OPERATING DATA</div>

The following table presents our selected historical consolidated financial data for the periods indicated. The selected historical consolidated financial data for the six months ended June 30, 2024 and the years ended December 31, 2023 and December 31, 2022 are derived from our reviewed and audited financial statements, respectively.

Historical results are included for illustrative and informational purposes only and are not necessarily indicative of results we expect in future periods, and results of interim periods are not necessarily indicative of results for the entire year. The data presented below should be read in conjunction with, and are qualified in their entirety by reference to, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and our consolidated financial statements and the