What is 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. If you would like to learn more about what surety bonds are and how they work, you can read our detailed guide here.
If you're unsure whether you need a bond, you can select your state from the list below to view the bond requirements.
What will your bond cost?
Bond costs are a small percentage of the bond amount and vary by applicant, bond amount and bond type. You can get a general idea of costs using our instant cost estimate tool. If you're ready for a firm quote, you can apply and get 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 surety bond writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.
Frequently Asked Questions
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 must contact us immediately, as we have a team of claim specialists here to find a resolution for you. Keep in mind, it is crucial that you work with an expert in the surety industry. Learn more about how to ensure you choose the proper bond company.
You can take a look at our full list of license and permit bonds.