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Ohio Lottery Sales Retailer Bond

How much does a $15,000 Ohio lottery retailer bond cost?

The Ohio Lottery Commission requires lottery retailers to post surety bonds in the amount of $15,000.

Because these bonds are subject to underwriting, the amount applicants pay varies. Applicants with excellent financial credentials could qualify to pay just 1% of the required bond amount, or just $150! The best way to find out exactly how much you’ll pay is to apply for a free surety bond quote now.

Bond Type Bond Amount Cost*
$15,000 Lottery Sales Retailer Bond $15,000 Starts at $150 Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Call 1 (800) 308-4358, or submit an online bond request, to connect with an expert surety specialist who will walk you through our fast and easy bonding process.

Why are lottery retailers bonded?

Ohio lottery retailer surety bonds are put in place to ensure that principals (lottery retailers) comply with all laws, rules, policies and regulations governing the license.

If the retailer fails to adhere to these terms, the bond protects harmed parties up to the full penal sum of the bond. The principal must repay the surety for all damages paid out.

Ready to get the Ohio surety bond you need? Get started now!

What’s the fine print?

Lottery sales retailer bonds in Ohio remain in full force and effect until otherwise terminated. The surety can cancel the bond at any time by providing written notice to the Lottery Commission. Cancellation becomes effective 30 days after the commission receives the notice.

The bond is conditioned so that both lottery customers and the commission can file claims against the retailer in the case of unpaid dues of any kind. Regardless of the number of years the bond is renewed for, no claim can exceed the penal sum of $15,000.

How to become a lottery retail agent in Ohio

To become licensed as a lottery retail agent in Ohio, applicants must fill out the application form supplied by the commission, which includes the following information:

  • name of corporation and D/B/A, if applicable
  • street address and office telephone for business
  • liquor permit number, if applicable
  • mailing address, if different from the place of business
  • full name, title, address, social security number and other identifying information of all principals and officers
  • store hours
  • notarized signature
  • completed Lottery Electronic Fund Transfer (EFT) system form
  • criminal background check performed at one of the 5 Ohio Lottery locations:
    • Cleveland - (216) 787-3311
    • Columbus - (800) 589-6445
    • Cincinnati - (800) 589-9882
    • Toledo - (800) 589-6442
    • Canton - (800) 589-6467

The application process takes anywhere from 4 to 6 weeks.

Take the first step toward getting licensed by purchasing the surety bond you need.

Ready to get started?

Get a FREE Lottery Sales Retailer Bond Quote Today!

Additional Resources

Ohio Lottery

Ohio Lottery The Ohio Lottery For Retailers

Ohio Lottery Become A Retailer

Ohio Revised Code Title [37] XXXVII HEALTH - SAFETY - MORALS Chapter 3770: STATE LOTTERY 3770.01 State lottery commission - appointment - term - bond - removal of member.

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