Company Poised to Execute on Five-Year Growth Plan Across Lottery, Sports and Entertainment Verticals

FORT WORTH, Texas, May 28, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the “Company”), a leading technology company in digital lottery, sports and entertainment, announces that its registration statement on Form S-1 has been declared effective by the U.S. Securities and Exchange Commission as of May 14, 2025. This milestone unlocks access to a previously announced $100 million financing facility (“Financing Facility”) with Generating Alpha Ltd., providing the Company with financial flexibility to execute its aggressive acquisition and growth strategy.

This announcement follows a week of extraordinary market performance, with over 275 million shares traded and the stock surging from $0.70 to a high of $2.64. The effectiveness of the S-1 marks the official close of a two-year corporate turnaround. Under new leadership, Lottery.com has rebuilt its foundation: restructuring the Board and executive team, remediating legacy compliance issues, and implementing two clear innovative business models for Lottery.com and Sports.com.

“The turnaround is now complete. We are structurally sound, operationally ready, and strategically funded to drive aggressive growth,” said Matthew McGahan, CEO and Chairman of Lottery.com. “We’ve stabilized the Company from its foundation, secured the capital need and are moving rapidly towards driving revenue and acquiring assets that strengthen our brand ecosystem and deliver profits for the Company and its shareholders.”

The Company’s focus now turns to strategic execution—transforming capital into revenue generation and high-value assets to deliver shareholder value.

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While the Financing Facility provides capital through the issuance of common stock, the Company intends to deploy proceeds not for general dilution but to accelerate revenue growth and acquire accretive assets across gaming, content, media and live events—many of which are already in late-stage negotiations. Access to immediate funding allows Lottery.com to drive revenue and complete its target acquisitions, including but not limited to DotCom Ventures Inc., owner of Concerts.com and TicketStub.com, and Nook Holdings Limited (Dubai, UAE) to further develop the Sports.com brand in the Middle East. The buy-and-build acquisition strategy is designed to:

• Drive near-term revenue and sustainable long-term profitability
• Expand global brand awareness
• Enhance shareholder value
• Maximize synergies between Lottery.com and Sports.com

McGahan added: “The S-1 going effective is transformative for Lottery.com and its shareholders. We are not just raising capital—we are deploying it against cash-generative acquisitions that enhance our balance sheet, income statement and the valuation of our brands. This is a disciplined growth phase.”

The Company’s five-year vision includes expanding Lottery.com International, launching new sweepstakes products (domestically and abroad), deepening its affiliate program and building out a robust content and IP ecosystem under Sports.com Studios—all underpinned by the funding now available through the activated Generating Alpha Financing Facility, along with continued funding from United Capital Investments Ltd.

About Lottery.com

The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu, and WinTogether, is a unified ecosystem that integrates gaming, entertainment, and sports.

Important Notice Regarding Forward-Looking Statements 

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This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

This press release was published by a CLEAR® Verified individual.

CONTACT: For more information, please visit www.lottery.com or www.sports.com or contact our media relations team at [email protected].

INDIANAPOLIS, May 27, 2025 (GLOBE NEWSWIRE) — In the running of the 109th Indianapolis 500, Louis Foster delivered a headline-grabbing performance as Top Rookie finisher, proudly representing Sports.com and Lottery.com Inc. (Nasdaq: LTRY; LTRYW) (“Lottery.com” or “the Company”) in what marked a milestone weekend for the brands’ growing presence in global motorsport.

Callum Ilott (red) and Louis Foster (black) stand next to the Borg-Warner Trophy prior to the start of the 2025 Indy 500.

Driving the #45 Desnuda Honda for Rahal Letterman Lanigan Racing, Foster started 20th and charged into the top 10 on race day. Despite receiving two drive-through penalties for pit lane infractions, he kept his composure to bring the car home in a provisional 15th place, later elevated to P12 following post-race disqualifications of three competitors. Foster was the only rookie finisher out of four starters — a feat that underlines both his talent and maturity on the sport’s biggest stage.

“To be the top rookie in my first 500 is something I’m very proud of,” said Foster. “We had the pace to run inside the top 10, and I’m already focused on building from this heading into Detroit.”

Foster’s helmet paid tribute to key figures in his racing journey and prominently featured the Sports.com logo on the chin, signaling the brand’s deepening investment in next-generation talent.

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Callum Ilott, representing PREMA Racing, delivered an equally impressive performance in the Italian team’s debut Indy 500. Running as high as fifth and ultimately finishing P12 on track, Ilott’s pace and professionalism drew strong praise. While PREMA’s #90 entry was later disqualified for a technical infringement relating to rear wing endplate height, the result did little to diminish the team’s sense of achievement in their first appearance at the Brickyard.

“It was an unforgettable experience,” said Matthew McGahan, CEO of Lottery.com and Sports.com. “I was honored to spend time with Callum, Louis, and Sebastian over the weekend — three exceptional young drivers who gave it their all. The race itself was spectacular. Having attended many Formula One events in my career, this was my first Indy 500. This event wasn’t just a race; it was a spectacle.”

“As a former professional athlete myself, this was my first time attending the Indianapolis 500 — and I can honestly say I’ve never experienced anything like it,” added Marc Bircham, Director of Sports.com. “From the roar of the crowd to the Black Hawk helicopters leading the opening laps, it was absolutely electric. It’s a bucket-list event that exceeded all expectations. Neither Matthew nor I have ever witnessed a live sporting event with nearly half a million fans over a single weekend. The scale, the energy, the precision — it was unforgettable. And to be there supporting Louis, Callum, and Sebastian made it all the more meaningful. These are the kind of world-class moments that define what Sports.com is all about.”

The weekend also offered the opportunity to connect with rising Indy NXT star Sebastian Murray, currently backed by Sports.com and Lottery.com. Murray joined the executives for a meet-and-greet during the event, reinforcing the Company’s commitment to supporting future champions across every tier of the sport.

Throughout the event, leadership from Lottery.com and Sports.com held multiple discussions with the management teams of both Foster and Ilott to explore deeper sponsorship agreements and expanded collaboration opportunities across future race weekends and series.

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This announcement comes at a pivotal moment for Lottery.com, which last week recorded nearly half a billion shares traded. With momentum building, the Company continues to advance its visibility and impact across elite global sports platforms.

About Lottery.com Inc.

The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook

Important Notice Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

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A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/69ba93f1-857d-4719-91c3-404868fedf4a

This press release was published by a CLEAR® Verified individual.

CONTACT: For more information, please visit www.lottery.com or contact our media relations team at [email protected].

Landmark brand positioning catapults both Lottery.com and Sports.com to center stage at “The Greatest Spectacle in Racing” – the Indy500

INDIANAPOLIS, May 22, 2025 (GLOBE NEWSWIRE) — Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or “the Company”) and Sports.com proudly announce a historic dual sponsorship activation at this weekend’s Indianapolis 500 — the largest single-day sporting event in the world. This milestone marks the official motorsport debut in the NTT IndyCar Series for both brands and is a defining moment for Lottery.com and Sports.com globally.

This strategic initiative places Callum Ilott, driving the No. 90 car for Prema Racing, under the Lottery.com banner, and Louis Foster, racing the No. 45 car for Rahal Letterman Lanigan Racing, under Sports.com. Both drivers, highly regarded British talents, will start from Row 7 and race in front of more than 510,000 live fans and 300 million global viewers, delivering supreme brand visibility and reinforcing the companies’ international reach.

“After two years of restructuring the Company, this moment represents far more than a couple of sponsorships — it’s a global brand relaunch for Lottery.com and a coming out party for Sports.com on one of the most visible platforms in the world, the Indy 500,” said Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com. “This dual-driver partnership at this year’s Indy 500 symbolizes the power of high-impact branding, strategic timing, and visionary alignment. We’re proud to showcase our brands at such an iconic race and excited to deliver long-term shareholder value through such brand awareness initiatives.”

Spotlight on Callum Ilott – Lead Driver for Lottery.com

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IndyCar veteran Callum Ilott, a FIA Formula 2 Vice Champion, Le Mans podium finisher, and former Alfa Romeo F1 Reserve Driver, will carry Lottery.com branding into the Indy 500 and throughout a 12-race sponsorship agreement that spans the remainder of the 2025 IndyCar season.

“It’s an honor to have Lottery.com on board as we begin this partnership at the Indy 500,” said Callum Ilott. “This isn’t just a one-race deal — we’re working together through the rest of the 2025 IndyCar season, and I couldn’t be more excited about what we’ll achieve. Lottery.com is building something powerful at the intersection of gaming innovation and sports, and I’m proud to be part of that journey.”

“Callum is no longer a rookie — he’s a proven, consistent force in IndyCar and a name that resonates across the U.S. motorsport landscape,” said Marc Bircham, Director at Sports.com. “He brings a blend of talent, discipline, and digital presence that aligns perfectly with the Lottery.com brand and what we’re building in this next chapter.”

“We’re delighted to welcome Callum to the Lottery.com family as our lead driver for the remainder of the 2025 IndyCar season,” added Matthew McGahan, Chairman and CEO of Lottery.com and Sports.com. “To have our brands featured at the Indy 500 — side-by-side, with two incredible drivers is a landmark for the Company. This is more than sponsorship; it’s the start of something much bigger. We’ve worked hard to bring Lottery.com back and this announcement reflects our belief in world-class partnerships that delivers value for our shareholders.”

Louis Foster Represents Sports.com at the Indy 500

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In parallel, Sports.com is proudly sponsoring Louis Foster, the 2024 Indy NXT Champion, for his first-ever Indy 500. At just 21 years old, Foster has already accumulated 40 wins, 88 podiums, and a reputation as one of the sport’s most promising breakout stars.

This one-race sponsorship highlights Sports.com’s commitment to emerging talent and immersive sports innovation. Discussions are already underway to potentially expand the partnership in future races.

This dual-driver sponsorship is part of a multi-channel growth strategy to elevate Lottery.com and Sports.com into category-defining brands across digital gaming, live entertainment and sports media. With major events, strategic alliances and acquisitions in the pipeline, the Company continues to build momentum, drive engagement and create sustainable shareholder value.

To learn more:

– Visit callumilott.com or follow @callum_ilott

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– Visit louisfosterracing.com or follow @louisfosterr

About Lottery.com Inc.
The Lottery.com Inc. (NASDAQ: LTRY, LTRYW) family of brands — including Sports.com, Tinbu and WinTogether, comprise a unified ecosystem that integrates gaming, entertainment, and sports. Follow the Company on X, Instagram and Facebook

For more information, please visit www.lottery.com or contact our media relations team at [email protected].

Important Notice Regarding Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, regarding the Company’s strategy, future operations, prospects, plans and objectives of management, are forward-looking statements. When used in this Form 8-K, the words “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” “initiatives,” “continue,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. The forward-looking statements speak only as of the date of this press release or as of the date they are made. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company. In addition, the Company cautions you that the forward-looking statements contained in this press release are subject to risks and uncertainties, including but not limited to, any future findings from ongoing review of the Company’s internal accounting controls, additional examination of the preliminary conclusions of such review, the Company’s ability to secure additional capital resources, the Company’s ability to continue as a going concern, the Company’s ability to respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to regain compliance with the Bid Price Requirement, the Company’s ability to regain compliance with Nasdaq Listing Rules, the Company’s ability to become current with its SEC reports, and those additional risks and uncertainties discussed under the heading “Risk Factors” in the Form 10-K/A filed by the Company with the SEC on April 22, 2025, and the other documents filed, or to be filed, by the Company with the SEC. Additional information concerning these and other factors that may impact the operations and projections discussed herein can be found in the reports that the Company has filed and will file from time to time with the SEC. These SEC filings are available publicly on the SEC’s website at www.sec.gov. Should one or more of the risks or uncertainties described in this press release materialize or should underlying assumptions prove incorrect, actual results and plans could differ materially from those expressed in any forward-looking statements. Except as otherwise required by applicable law, the Company disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release.

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