Lottery.com Inc. appointed Mr. Sohail S. Quraeshi as new CEO

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


As previously reported on Form 8-K filed on July 6, 2022, the Board of Directors ("Board") of Lottery.Com, Inc. (the "Company" or the "Registrant") terminated the employment of Ryan Dickinson as the Company's President, Treasurer and Chief Financial Officer, effective July 1, 2022. Mr. Dickinson served as the Company's President and Treasurer since October 2021 and as the Company's Chief Financial Officer since March 2022.


On September 8, 2022, the Board appointed Mr. Sohail S. Quraeshi as Chief Executive Officer ("CEO") of the Company effective from September 12, 2022. The Company is entering into an executive consulting agreement with Mr. Quraeshi to be filed at a later date.


Sohail S. Quraeshi, age 66, Chief Executive Officer. Mr. Quraeshi is a graduate of Buckingham University in the United Kingdom (L. Sc. Economics). He has been actively involved in the financial and securities industry as a Security Analyst with various international banking institutions in the United States, Asia Europe and the Middle East.


In the past three decades Mr. Quraeshi has served in leading roles in several public and private companies and currently the Founder of TSS Vertical, www.tssvertical.com, Managing Director Of Vahoca Pt Ltd, in Singapore, a private equity group, and Vice Chairman of Moveo Technologies Corporation, www.drvn.com.


As a prominent member of the local community Mr. Quraeshi serves on two notable non-profit Boards, the Coalition of Hope, www.coalitionofhope.org, and Eagles Foundation Inc, that assist in disaster relief in, and around, the local community.


Also on September 8, 2022, the Board appointed two new outside directors other than pursuant to a shareholder vote at an annual meeting or a special meeting that was convened for that purpose, and subject to successful background vetting:


Vladimir Klechtchev, Director. Mr. Klechtchev, is a Fellow Chartered Accountant (FCA), residing and practicing in the United Kingdom with over 25 years of experience in audit, investment banking, project evaluation, risk management, compliance, fraud investigations, consultancy and business advisory. He has a proven track record of: (a) delivering a wide range of assignments and projects implementation through working with various stakeholders in the context of culturally and professionally diverse environment; (b) identifying and establishing new as well as fostering existing business relationships; and (c) working across emerging and developed markets. He holds an Upper Second BA in Business Administration from the University of Huddersfield (UK). Mr. Klechtchev is multi-lingual.


Amer Rustom, Director. Since 1984 when he co-founded The Platinum Group, Amer Rustom has successfully guided the many diverse business units of the Group, including the most recent division of nanotechnology solutions and financial services. Diving more into harnessing the power of graphene and investments in real estate and fortune 500 companies, Mr. Rustom has been instrumental in the creation of the Platinum Group USA as the operational platform for many business ventures. He has successfully developed strong ties with many of the Middle East and North African leaders and country officials as well as the local and international business communities. Educated in Europe, Mr. Rustom is multi-lingual.


For each of the above 2 new outside directors:


1) there was no arrangement or understanding between the new director and any other person pursuant to which the person was selected as a director; and


2) there are no related party transactions between the director (and entities related to the director) and the Registrant.


Richard Kivel, the sole prior Director of the Registrant, will continue as a member of the Board of Directors of the Registrant in the capacity of Chairman of the Board.


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