Pennsylvania Lottery Bond
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How much does a Pennsylvania lottery bond cost?
The required amount of a Pennsylvania lottery bond will vary as it is determined by the Pennsylvania Lottery. The price you’ll pay for your bond will also vary depending on your required bond amount and personal credit. Highly qualified applicants could pay as low as 1% of the required bond amount!
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If you’re ready to get bonded, apply now for a free, personalized bond quote. One of our experts will personally walk you through our simple bonding process step-by-step.
Why do I need a lottery bond in Pennsylvania?
The Pennsylvania Department of Revenue Bureau of State Lotteries requires a lottery bond of any business intending to sell lottery tickets in Pennsylvania.
The bond ensures that the lottery retailer acts ethically and lawfully while on the job and adheres to all rules and regulations stated in Chapter 805: Licenses of the Pennsylvania Code (Application and Licensure of Lottery Sales Agents).
Terms of the lottery bond
Lottery bonds are considered continuously effective until canceled. If a surety wishes to terminate this bond for any reason, it must provide at least 30 days’ notice to the state.
How to become a lottery retailer in Pennsylvania
To become a lottery retailer in Pennsylvania, begin the application process with the Pennsylvania Lottery.
The following will occur during the licensing process:
- A credit check completed by the Pennsylvania Lottery
- A background investigation conducted by the Pennsylvania State Police
- A tax clearance check completed by the Pennsylvania Department of Revenue
- Americans with Disabilities Act (ADA) compliance check completed by the Pennsylvania Lottery. The Pennsylvania Lottery can help retailers meet these requirements through the Americans with Disabilities Act PA Lottery ADA Program.
Note: No license will be issued to a person intending to sell only lottery tickets, this license is given to current business owners.
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