Lottery retailer bond cost
The Florida Lottery requires lottery retailers to post a surety bond to legally operate within the state. These bonds are subject to underwriting, which means the amount you’ll pay depends on a review of your personal credit report. Less-than-stellar credit? Don’t worry! Surety Bonds has a history of getting 99% of applicants bonded quickly, easily and accurately.
Why this bond
Florida lottery bonds ensure that principals (lottery retailers) account for and promptly pay all money due to the Florida Lottery and comply with the provisions of all statutes, rules and regulations of the Florida Lottery. If the principal fails to comply with these terms, the bond protects the Florida Lottery from financial loss.
Lottery retailer bond details
Florida lottery bonds remain continuous until canceled. The surety can cancel the bond at any time by giving written notice of cancellation to the Florida Lottery at least 30 days prior to the effective termination date.
Become a lottery retailer
To become a licensed lottery retailer in Florida, applicants must submit the following materials:
- $100 application fee
- Complete retailer application
- Contact information for all necessary individuals
- Voided business check
- Signed Retailer Contract
- Landlord’s written approval for communication equipment (if retail location is leased)
- And more
Apply for your surety bond
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