Lottery.com Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01. Other Events.
Sponsorship of Louis Foster for 2025 NTT INDYCAR series
On June 5, 2025, Sports.com and Lottery.com Inc. (collectively the “Company” or “Lottery.com”) entered into a Letter of Commitment (the “LOC”) with Louis Foster (“Foster”). The LOC is for for nine (9) races in the 2025 IndyCar Series and includes: Sports.com crash helmet branding, Sports.com logo on the front wing end plate of Foster’s car, media rights for promotional use and social media activations nine (9) tagged posts). In consideration of the LOC, the Company shall pay sixty two thousand five hundred U.S. dollars ($62,500) in cash paid out in equal instalments in June, July and August 2025 and sixty two thousand five hundred five hundred U.S. dollars ($62,500) in Company restricted common stock valued at market rate at closing on June 3, 2025 ($1.54).
The above-described LOC will be qualified in its entirety by the documents that will be filed and attached as exhibits to the Company’s Form 10-Q for the second quarter.
Item 9.01. Financial Statements and Exhibits.
| Exhibit No. | Description | |
| 10.1 | Press Release Dated June 5, 2025 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Lottery.com Inc. | ||
| By: | /s/ Matthew McGahan | |
| Name: | Matthew McGahan | |
| Title: | Chief Executive Officer | |
June 6, 2025