Lottery Bond

www.suretybondsdirect.com/surety-bond/lottery-bond

What is a Lottery Bond?

A Lottery Bond (also called a Lotto Bond) is a requirement for retailers that sell lottery tickets. The surety bond generally guarantees that the establishment operating the lottery machines will not tamper with, misuse or manipulate the machines and related equipment in any way. Additionally, required taxes must be paid to the applicable state authority. All lottery sales on the premise must be conducted in accordance with state lottery commission guidelines and other applicable state laws. Surety bond amounts are determined by the state commission and typically vary based on lottery sales volume.

How Much Will My Surety Bond Cost?

Surety Bonds Direct offers exceptional prices for Lottery Bonds nationwide. Please select your state in the map below for specific pricing information. Or if you prefer, call 1‐800‐608‐9950 to speak with one of our friendly bond experts. We can help guide you through the bonding process and identify the best price in the market for your situation.

If you are interested in spreading out the cost of your bond over time, we can offer convenient financing plans for many types of surety bonds. More information will be provided with your quote.

Additional details and pricing information may be available for your state:

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Why Choose Surety Bonds Direct?

Lowest Cost Surety Bonds
Fast, Easy, All Online
Licensed Nationwide
99% Approval Rate
Avoid the Middleman, Go Direct

What if I have bad credit or am a new business?

Surety Bonds Direct offers exceptional prices to new business and those with bad credit (along with helpful advice on improving credit). Regardless of your credit score or business experience, we work hard to find the best option in the market for your specific situation.

It only takes a couple minutes to provide us with the information required for a free, no-obligation quote. Or if you prefer, call 1‐800‐608‐9950 to speak with one of our friendly surety bond experts. Learn more about available options to finance the cost of your bond.

How do Surety Bonds Work?

In a situation where the bonded customer (principal) fails to comply with bonding terms and requirements, the surety company is financially obligated to cover damages up to the bond limit (or penalty) of the bond. The surety bond principal is also required to reimburse (or indemnify) the surety for losses paid to damaged parties.

The party requiring the surety bond is called the obligee. Each obligee has a specific bond form that is prepared and pre-populated for your convenience by Surety Bonds Direct. The specific bond limit, term, and other key information related to the customer and obligation can be found on the bond form.

Find out more in our Surety Bond Education Center.