Lottery.com (the “Company” or “Lottery.com”), a leading platform
that enables users to play the lottery online, today announced the
winner of WinTogether.org’s (“WinTogether”) first-ever charitable
campaign. WinTogether, which supports charitable causes by
incentivizing people to donate for the chance to win once in a
lifetime experiences and prizes, is an affiliate of the Company,
which also powers its online platform. The inaugural campaign
supported the Arbor Day Foundation’s Time for Trees® initiative,
giving each donor the opportunity to support the initiative to
plant one hundred million trees by 2022 while earning entries to
win a Tesla® Cybertruck.
The grand prize winner, Robert H. of Cincinnati, Ohio, was
randomly selected out of nearly 4,000 entrants. “It never hurts to
get a little bit back, but that's never my primary goal. I just
look around for causes that make me happy and I send them some
money occasionally,” said Robert. “I'm always there to support
young people in whatever passions they have in learning, even in
learning how to plant a tree or learning about the forest in
general, so that's what drew me to this cause.”
Robert donated $100 through the WinTogether platform in support
of Time for Trees, earning him 1,000 entries toward the Cybertruck.
When asked how he’ll use his new Tesla, he emphasized that it will
be perfect for towing his kayaks to outdoor adventure locations
this summer.
Supported by key partnerships with 5th Element Group, iHeart
Media, Gannett Media, USA Today, AccuWeather, Play Octopus, poker
philanthropist Jamie Gold, Sevenly, and Causes.com, the platform
and initial campaign launched in November 2020.
“Thanks to Arbor Day Foundation’s incredible efforts, the
backing of our great partners, and bolstered by so many generous
participants, we are really proud of WinTogether’s first campaign
and how many trees will be planted as a result,” said Lottery.com
CEO and Co-Founder Tony DiMatteo. “We’re excited to share good
news, especially amid a global pandemic, in an effort to unify
people under the common goal of helping to heal the planet by
planting more trees.”
“We are so pleased with the outcome of this campaign and how it
helped expand the reach of Time for Trees. This is a win that will
benefit the whole planet,” emphasized Brianne Bayer, Director of
Marketing Strategy for Arbor Day Foundation.
The WinTogether platform contributes at least 60 percent of all
donations to its charitable partners. Plans to launch additional
campaigns are underway, including large cash grand prize awards to
incentivize donors. Upcoming campaign details will be announced to
the public at www.WinTogether.org as they become available.
About Lottery.com
AutoLotto, Inc. doing business as Lottery.com is an Austin,
TX-based company enabling consumers to play state-sanctioned
lottery games from their home or on the go in the US and
internationally. The Company works closely with state regulators to
advance the lottery industry, providing increased revenues and
better regulatory capabilities, while capturing untapped market
share, including millennial players. On February 22, 2021, the
Company entered into a definitive agreement with Trident
Acquisitions Corp. (Nasdaq: TDACU, TDAC, TDACW) to become a
publicly-traded company on The Nasdaq Stock Market. Trident and the
Company published an investor presentation on a Current Report on
Form 8-K with the U.S. Securities and Exchange Commission (the
“SEC”) relating to the proposed business combination, which is
publicly available on the SEC’s website www.sec.gov and is also
posted to Trident’s and Lottery.com’s respective websites or
accessible here.
About WinTogetherWinTogether.org is a
charitable sweepstakes platform centered around building the future
of philanthropy operated by Lottery.com. WinTogether gamifies
charitable giving to fundamentally change how causes engage with
their donors and raise funds. Through its global platform, it
offers charitable donation sweepstakes to incentivize donors to
take action by offering once in a lifetime experiences, large cash
prizes, and luxury prizes. WinTogether is aligned with the 17
United Nations Sustainable Development Goals and works with some of
the largest nonprofits in the world to provide a new channel to
raise awareness, raise funds, and reach new donors around the
world. All donations are collected by the WinTogether Trust, a
registered 501c3, based in Mesa, Arizona. For more information,
visit www.wintogether.org.
About Arbor Day FoundationFounded in 1972, the
Arbor Day Foundation has grown to become the largest nonprofit
membership organization dedicated to planting trees, with more than
one million members, supporters, and valued partners. During the
last 45 years, more than 300 million Arbor Day Foundation trees
have been planted in neighborhoods, communities, cities and forests
throughout the world. Our vision is to help others understand and
use trees as a solution to many of the global issues we face today,
including air quality, water quality, climate change,
deforestation, poverty and hunger. As one of the world's largest
operating conservation foundations, the Arbor Day Foundation,
through its members, partners and programs, educates and engages
stakeholders and communities across the globe to involve themselves
in its mission of planting, nurturing and celebrating trees. For
more information, visit www.arborday.org.
Important Information and Where to Find it
In connection with the proposed business combination, Trident
Acquisitions Corp. (“Trident”), expects to file a registration
statement on Form S-4 (the “Registration Statement”) that will
include a preliminary proxy statement with the SEC for the
solicitation of proxies from Trident's shareholders. Additionally,
Trident will file other relevant materials with the SEC in
connection with the proposed business combination. Copies may be
obtained free of charge at the SEC's web site at www.sec.gov. A
definitive proxy statement will be mailed to Trident shareholders
as of a record date to be established for voting on the proposed
business combination. Investors and security holders of Trident are
urged to read the Registration Statement and the other relevant
materials when they become available before making any voting
decision with respect to the proposed business combination because
they will contain important information about the business
combination and the parties to the business combination. The
information contained on, or that may be accessed through, the
websites referenced in this press release is not incorporated by
reference into, and is not a part of, this press release.
Forward Looking Statements
The information in this press release includes “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 presentation, regarding
the proposed business combination between Trident and Lottery.com,
Trident and the Company’s ability to consummate the transactions,
the benefits of the transactions, the Company’s estimated growth,
operational and state expansion, and the combined company’s future
financial performance, as well as the combined company’s strategy,
future operations, estimated financial position, estimated revenues
and losses, 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, 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. 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 either Trident or the Company. In
addition, the Company cautions you that the forward-looking
statements contained in this press release are subject to the
following factors: (i) the occurrence of any event, change or other
circumstances that could delay the business combination or give
rise to the termination of the agreements related thereto; (ii) the
outcome of any legal proceedings that may be instituted against
Trident or the Company following announcement of the proposed
business combination; (iii) the inability to complete the business
combination due to the failure to obtain approval of the
stockholders of Trident, or other conditions to closing in the
business combination agreement; (iv) the risk that the proposed
business combination disrupts the Company’s current plans and
operations as a result of the announcement of the transactions; (v)
the Company’s ability to realize the anticipated benefits of the
business combination, which may be affected by, among other things,
competition and the ability of the Company to grow and manage
growth profitably following the business combination; (vi) costs
related to the business combination; (vii) risks related to the
rollout of the Company’s business and the timing of expected
business milestones; (viii) the Company’s dependence on obtaining
and maintaining lottery retail licenses or consummating partnership
agreements in various markets; (ix) the Company’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 the Company’s accounting staffing
levels; (x) the effects of competition on the Company’s future
business; (xi) risks related to the Company’s dependence on its
intellectual property and the risk that the Company’s technology
could have undetected defects or errors; (xii) changes in
applicable laws or regulations; (xiii) the COVID-19 pandemic and
its effect on the Company and the economy generally; (xiv) risks
related to disruption of management time from ongoing business
operations due to the proposed business combination; (xv) risks
relating to privacy and data protection laws, privacy or data
breaches, or the loss of data; (xvi) the possibility that the
Company may be adversely affected by other economic, business,
and/or competitive factors; (xvii) the ability of the Company’s or
WinTogether’s to launch additional campaigns as planned or at all,
their ability to offer large or any cash prizes, and risks
associated with the Company’s and WinTogether’s ability to
incentivize donors to such campaigns; and (xviii) risks associated
with the Company’s or WinTogether’s ability to continue to obtain
the support of key partners as planned, required, or at all. 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 Trident has filed and will file from time to time with
the SEC, including its Annual Report on Form 10-K for the fiscal
year ended December 31, 2020. Trident’s SEC filings are available
publicly on the SEC’s website at www.sec.gov.
Participants in the Solicitation
Trident and its directors and officers may be deemed
participants in the solicitation of proxies of Trident's
shareholders in connection with the proposed business combination.
Lottery.com and its officers and directors may also be deemed
participants in such solicitation. Security holders may obtain more
detailed information regarding the names, affiliations and
interests of certain of Trident's executive officers and directors
in the solicitation by reading Trident's Annual Report on Form 10-K
for the fiscal year ended December 31, 2020, and the Proxy
Statement and other relevant materials filed with the SEC in
connection with the business combination when they become
available. Information concerning the interests of Trident's
participants in the solicitation, which may, in some cases, be
different than those of their stockholders generally, will be set
forth in the proxy statement relating to the business combination
when it becomes available.
No Offer or Solicitation
This communication does not constitute an offer to sell or the
solicitation of an offer to buy any securities or constitute a
solicitation of any vote or approval.
Lottery.com Contact:
Cody Billingsley(512) 537-5713cody@lottery.com
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