Lottery Bond
Get approved instantly for a Lottery Retailer Bond
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FAQ
- What will a lottery bond cost me?
It is a percentage of the bond amount required by the state lottery. Find out what it may cost and get a general price range or you can get a firm quote online.
- What is the process?
Apply on our website, get an online approval instantly, sign the indemnity agreement and then we will send the bond out to you.
- Are there different types of lottery bonds?
No. However, each state has its own lotto bond form and requires different bond amounts.
- Does a lottery surety bond protect my lottery machine?
No. Bonds are not insurance for you, they are a form of credit to you. It is insurance for the public for scams or fraud against the state lottery.
- Can I sell lottery tickets without a bond?
In some states, yes. Not all states require a bond. Please see our list of state requirements below or contact your state directly.
- How can I get a cheaper rate?
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.
Still have questions? See our Education Center or ask us now!
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