<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:com="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>144</submissionType>
    <filerInfo>
      <filer>
        <filerCredentials>
          <!-- Field: Pseudo-Tag; ID: Name; Data: Odell Jamie -->
          <cik>0001824876</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <issuerInfo>
      <issuerCik>0000750004</issuerCik>
      <issuerName>Light &amp; Wonder, Inc.</issuerName>
      <secFileNumber>001-11693</secFileNumber>
      <issuerAddress>
        <com:street1>6601 Bermuda Road</com:street1>
        <com:city>Las Vegas</com:city>
        <com:stateOrCountry>NV</com:stateOrCountry>
        <com:zipCode>89119</com:zipCode>
      </issuerAddress>
      <issuerContactPhone>702-897-7150</issuerContactPhone>
      <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Jamie Odell</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
      <relationshipsToIssuer>
        <relationshipToIssuer>Director</relationshipToIssuer>
      </relationshipsToIssuer>
    </issuerInfo>
    <securitiesInformation>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <brokerOrMarketmakerDetails>
        <name>Jarden Australia Pty Ltd.</name>
        <address>
          <com:street1>Level 54, Governor Phillip Tower</com:street1>
          <com:street2>1 Farrer Place</com:street2>
          <com:city>Sydney</com:city>
          <com:stateOrCountry>C3</com:stateOrCountry>
          <com:zipCode>NSW 2000</com:zipCode>
        </address>
      </brokerOrMarketmakerDetails>
      <noOfUnitsSold>40000</noOfUnitsSold>
      <aggregateMarketValue>3919200.00</aggregateMarketValue>
      <noOfUnitsOutstanding>78661761</noOfUnitsOutstanding>
      <approxSaleDate>08/18/2026</approxSaleDate>
      <securitiesExchangeName>ASX</securitiesExchangeName>
    </securitiesInformation>
    <securitiesToBeSold>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <acquiredDate>08/17/2026</acquiredDate>
      <natureOfAcquisitionTransaction>Options Exercise</natureOfAcquisitionTransaction>
      <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
      <isGiftTransaction>N</isGiftTransaction>
      <amountOfSecuritiesAcquired>94666</amountOfSecuritiesAcquired>
      <paymentDate>08/17/2026</paymentDate>
      <natureOfPayment>Compensation. A cashless exercise of options whereby 55,334 CDIs were withheld.</natureOfPayment>
    </securitiesToBeSold>
    <nothingToReportFlagOnSecuritiesSoldInPast3Months>N</nothingToReportFlagOnSecuritiesSoldInPast3Months>
    <securitiesSoldInPast3Months>
      <sellerDetails>
        <name>Jamie Odell</name>
        <address>
          <com:street1>c/o Light &amp; Wonder, Inc.</com:street1>
          <com:street2>6601 Bermuda Rd.</com:street2>
          <com:city>Las Vegas</com:city>
          <com:stateOrCountry>NV</com:stateOrCountry>
          <com:zipCode>89119</com:zipCode>
        </address>
      </sellerDetails>
      <securitiesClassTitle>Common</securitiesClassTitle>
      <saleDate>06/16/2026</saleDate>
      <amountOfSecuritiesSold>30000</amountOfSecuritiesSold>
      <grossProceeds>2702400.00</grossProceeds>
    </securitiesSoldInPast3Months>
    <remarks>Mr. Odell is required to recognize assessable income as a result of the exercise of the vested options. To fund the income tax liability, a portion of the net CDIs received by Mr. Odell (not exceeding the value of the tax liability) will be sold in accordance with the terms of the issuer's Securities Trading Policy.</remarks>
    <noticeSignature>
      <noticeDate>08/18/2026</noticeDate>
      <signature>/s/ Jamie Odell</signature>
    </noticeSignature>
  </formData>
</edgarSubmission>
