The Jeff Sparrow Connection To Lottery.com
In 2022 Lottery.com disclosed it had misstated its audited financial statements less than a year after going public on Nasdaq in November of 2021. The company stated at the time that one if its founders had engaged in a $30 million check kite scheme with the involvement with a company named Incircle. Incircle is a company that was allegedly operated by Jeff Sparrow. In the summer of 2023, when Lottery.com was running out of cash, it was disclosed that one of the founders had allegedly sent $16.5 million in cash to a company named J Streicher Global, and that cash vanished leaving the company insolvent. All employees were laid off and Lottery.com ceased operation in July of 2022.
In May of 2022, according to a lawsuit filed against Lottery.com, the Lottery.com founders, Jeff Sparrow and Incircle (see below), a California church was allegedly defrauded out of $2.7 million. The church claims it was introduced to the Lottery.com founders by Jeff Sparrow, one of whom promised the church a $2 million loan and all of whom signed a 7-day loan agreement with the church that resulted in the church sending a $2.7 million wire transfer to Lottery.com. Jeff Sparrow, according to the church, was a trusted member of their congregation at the time. The church disclosed that prior to making the $2.7 million wire transfer to Lottery.com they were asked by Jeff Sparrow to have a Zoom call with a company named J Streicher Global. The church management stated they did have the Zoom call, which according to the church Jeff Sparrow organized in the hopes the church would invest money with J Streicher Global. This is the same J Streicher that allegedly received $16.5 million from Lottery.com in 2022 that allegedly vanished. The church did not invest with J Streicher Global, and Jeff Sparrow soon there after allegedly introduced the church to the Lottery.com founders under the auspice of helping the church obtain a loan to purchase a new building for thier congregation. Within weeks the church signed the alleged fraudulent 7-day loan agreement with the Lottery.com founders that resulted in the church losing $2.7 million, all of which was allegedly wired to Lottery.com. In April of 2022 Jeff Sparrow was indicted by the USDOJ in a separate case (see below).
$2.7 Million Wired To Lottery.com Bank 5/2/22
California Church Defrauded By Sparrow & Lottery.com Founders
In May of 2022 a California church wired $2.7 million to the Lottery.com bank account, part of an elaborate fraud introduced to the church through Jeff Sparrow. The wire, supposedly a 7-day loan (which was never repaid) is part of a lawsuit the church has pending against Sparrow, Lottery.com, and its founders Tony DiMatteo, Ryan Dickinson and Matthew Clemenson. Texas Senator Hall stated in May of 2025 at a Texas Senate Hearing this $2.7 million was used to purchase the illegal Lotto Texas tickets in the Lotto Texas $95 million jackpot theft in April of 2023. The photo to the right shows the wire being sent from the church to Lottery.com on May 2, 2022.
