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Thread: Lottery Bond

  1. Numbers
    Numbers is offline Member
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    Lottery Bond

    What does a lottery bond cover since there is no license involved?
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  2. Surety Queen
    Surety Queen is offline Surety Professional
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    Lottery Bond

    Quote Originally Posted by Numbers
    What does a lottery bond cover since there is no license involved?
    A lottery bond assures that the owner of the store where the lottery machines are located will, after collecting money for the tickets, forward those funds to the State. If you refer to your lottery license, the bond assures that you will operate the business in accordance with the regulations under that license.
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