The State of Ohio requires that all Lottery Retailers who are applying for a license to have an Ohio Lottery Retailer Bond. The Ohio Lottery Commission determines the bond amount, and the minimum bond amount is $15,000.
The Commission may require a larger bond amount based on Lottery sales. The bond guarantees that the retailers will abide by the rules and regulations set forth by the Ohio Lottery Commission.
How to Get A License:
Lottery retailers must apply online, complete the application in the Ohio E-Application System and pay the applicable license fee.
Applicants are required to have a checking account for ACH withdrawals of ticket sales, and must pass a criminal background check. Retailers must also take a 2-3 hour training course that is offered by the Ohio Lottery.
The Lottery Commission wil provide the equipment you will need, training and merchandise.Retailers earn 5.5% commission for every ticket sold, and up to 1.5% additional commission based on the number of tickets sold. Retailers also receive bonuses for selling a winning ticket for certain games.
The premium that you pay for an Ohio Lottery Retailer Bond is dependent on credit and the bond amount required.
Hours: 8:00-5:00 CST, Monday through Friday
For more information, read our Blog on Lottery Retailer Bonds.