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Ohio Lottery Retailer Surety Bonds

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Surety Bond Requirements:

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.

License Requirements:

  1. Lottery retailers must apply online, complete the application in the Ohio E-Application System and pay the applicable license fee.
  2. 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.
  3. The Lottery Commission wil provide the equipment you will need, training and merchandise.
  4. 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.

How Much Will This Bond Cost?

The premium that you pay for an Ohio Lottery Retailer Bond is dependent on credit and the bond amount required.

More Surety Bond Questions?

Check out our FAQ page. Should you need or choose to buy a surety bond, 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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