Ohio Lottery Retailers are required to have a license and surety bond prior to offering any sales of lottery products. The State of Ohio requires that all Lottery Retailers who are applying for a license to have an Ohio Lottery Retailer Surety 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.
The premium that you pay for an Ohio Lottery Retailer Bond is dependent on credit and the bond amount required.
Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.
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