North Carolina Lottery Bonds

The North Carolina Education Lottery requires lottery retailers to furnish surety bonds in order to legally conduct ticket sales in the state. The lottery surety bond guarantees faithful and ethical performance of the lottery retailer and its obligations to remit payment for the sale of lottery tickets as specified in the Retailer Contract. Furthermore, the surety bond indemnifies and holds harmless the North Carolina Education Lottery from all costs and damages incurred by the principal due to violations of applicable state laws or retailer contractual obligations.