Lottery Bond Guide
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Why do you need a lottery bond?
You need to get a bond to protect the public. If you do not pay the required taxes to the state lottery when selling lotto tickets, a claim can be filed on your bond.
Apply on our website, get an online approval instantly, sign the indemnity agreement and then we will send the bond out to you.
No. However, each state has its own lotto bond form and requires different bond amounts.
In some states, yes. Not all states require a bond. Please contact your state directly to determine the specific requirements.
We look solely at personal credit to determine rates on most bonds. The more you improve your credit, the lower your rate will be. However, credit based rates only apply to moderate dollar amounts of bonds. For larger bonds, a strong credit history, excellent personal financials and sufficient business experience are all required for cheaper rates. Check out our video to learn how to get the lowest rate possible.
You will have to contact the claims department of the surety that wrote your bond. We can provide you the contact information if you need it.
Surety Bonds do not protect you
The bond is a form of insurance for your clients, which is why many businesses proudly list that they are bonded on their marketing material. However, you will be required to reimburse the bonding company should a claim be paid out.
Fidelity Bonds protect your business
You can protect your business from employee theft and fraud by purchasing a fidelity bond. You can read more in our fidelity bond section.
What's your bond cost?
Bond costs vary by applicant, bond amount, bond type & the agency you choose. You can get a general idea of costs using our Quick Estimate tool to the right or an exact quote instantly online!
Why our rates are so low
When it comes to surety bond insurance, there is safety in numbers. As the largest volume writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.
We're here to help
Getting bonded can be intimidating. We can help you sort through it all! There are no dumb questions. Ask us whatever you need.
"The guys and gals at JW Surety came through for me! When I told them how urgent my request was, they pulled out all the stops and got it done in record time - amazing!"