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Old 02-21-2008, 05:23 PM
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What does a lottery bond cover since there is no license involved?
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Old 02-28-2008, 07:40 PM
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Default 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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