Lottery.com Inc. Relaunches Sweepstakes Operations
25 April 2024 - 8:22PM
Lottery.com Inc. (Nasdaq: LTRY, LTRYW) (“Lottery.com” or the
“Company”), a leading technology company in the lottery and gaming
sector, announces the restart of its sweepstakes operations in
conjunction with the WinTogether Trust (“WinTogether”), a
registered 501(c)3 charitable organization. The proceeds from the
sweepstakes will benefit Street Child United. The sweepstakes had a
soft launch on April 3, 2024, and is available at
http://donateto.win, the successor to Lottery.com’s WinTogether.org
platform.
Street Child United is a global organization
dedicated to improving the lives of street-connected children. The
organization focuses on four key pillars: Ensuring every child has
birth registration which provides access to healthcare and
education; protecting children against abuse, exploitation, and
trafficking; securing access to education; and setting a foundation
for gender equality.
Donors are incentivized to give by receiving
entries to win an Apple Vision Pro mixed reality headset. More
information and donation options can be found at
https://donateto.win. The sweepstakes to support Street Child
United will continue until 11:59PT on August 31, 2024. The winner
will be announced on or around September 20, 2024.
Matthew McGahan, CEO of Lottery.com,
commented:
“This is a significant milestone for
Lottery.com. The Company, through its partnership with the
WinTogether Trust, is resuming its commitment to supporting
philanthropic initiatives that focus on responsible gaming along
with local, regional, and global charitable initiatives. Street
Child United is a wonderful organization. We believe their mission
will resonate with the Sports.com’s growing global user base.”
Bart Myers, Director of the WinTogether
Trust added:
“The WinTogether Trust board is excited for our
organization to play a role in the resurgence of Lottery.com. Being
able to leverage their powerful brands, Lottery.com and Sports.com,
will allow us to exponentially expand the number of organizations
we support and the financial impact our sweepstakes make for
them.”
About Donate to Win and
WinTogether
DonateTo.Win is a charitable sweepstakes
platform operated by WinTogether, a non-profit centered around
building the future of philanthropy. Donate To Win gamifies
charitable giving to fundamentally change how causes engage with
their donors and raise funds. Through their global platform, they
offer charitable donation sweepstakes to incentivize donors to act
by offering once in a lifetime experiences, large cash prizes, and
luxury prizes. DonateTo.Win works with some of the largest
nonprofits, media partners and corporate brands in the world to
provide a new channel to raise awareness, raise funds, and reach
new donors around the world. For more information,
visit https://donateto.win.
About Lottery.com
Lottery.com is a leading technology company that
is transforming how, where and when lottery is played. Its engaging
mobile and online platforms enable players and commercial partners
located in the United States and internationally to remotely
purchase legally sanctioned lottery games. Fans and subscribers
look to Lottery.com for compelling, real-time results on more than
800 lottery games from more than 40 countries. Additionally,
through WinTogether.org, Lottery.com is fundamentally changing how
non-profit donors are incentivized to action by gamifying
charitable giving. In all that it does, Lottery.com’s mission
remains the same: an uncompromising passion to innovate, grow a new
demographic of enthusiasts, deliver responsible and trusted
solutions, and promote community and philanthropic initiatives. For
more information, visit http://www.lottery.com.
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 (the
“Securities Act”), and Section 21E of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”). All statements, other
than statements of present or historical fact included in this
press release, regarding the company’s future financial
performance, as well as the company’s strategy, future operations,
revenue guidance, projected costs, prospects, plans and objectives
of management are forward-looking statements. When used in this
press release, the words “could,” “should,” “will,” “may,”
“believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,”
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. Except as otherwise required by applicable law,
Lottery.com 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. Lottery.com 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 Lottery.com. In addition,
Lottery.com cautions you that the forward-looking statements
contained in this press release are subject to the following
factors: (i) the outcome of any legal proceedings that may be
instituted against Lottery.com; (ii) Lottery.com’s ability to
maintain effective internal controls over financial reporting,
including the remediation of identified material weaknesses in
internal control over financial reporting relating to segregation
of duties with respect to, and access controls to, its financial
record keeping system, and Lottery.com’s accounting staffing
levels; (iii) the effects of competition on Lottery.com’s future
business; (iv) risks related to Lottery.com’s dependence on its
intellectual property and the risk that Lottery.com’s technology
could have undetected defects or errors; (v) changes in applicable
laws or regulations; (vi) risks related to the COVID-19 pandemic
and its effect directly on Lottery.com and the economy generally;
(vii) risks relating to privacy and data protection laws, privacy
or data breaches, or the loss of data; (viii) the possibility that
Lottery.com may be adversely affected by other economic, business,
and/or competitive factors; (ix) the ability of Lottery.com to
achieve its strategic and growth objectives as stated or at all;
and (x) those factors discussed in the proxy statement/prospectus
filed by Lottery.com with the SEC under the heading “Risk Factors”
and the other documents filed, or to be filed, by Lottery.com with
the SEC. 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. Additional
information concerning these and other factors that may impact the
operations and projections discussed herein can be found in the
reports that Lottery.com 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.
Lottery.com Contact:
press@lottery.com
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