Colorado - Lottery Retailer — required surety bond in Colorado. Apply online in minutes.
A Colorado Lottery Retailer Bond is a type of surety bond that acts as a financial guarantee between a retail business, the state, and a surety company. It ensures that the retailer complies with all rules established by the Colorado Lottery and guarantees that all revenue generated from lottery ticket sales is properly collected and remitted to the state.
Businesses located in Colorado that intend to sell state lottery tickets typically need to secure this bond as part of their retailer licensing process. Common businesses that need this bond include convenience stores, gas stations, grocery stores, and authorized kiosks.
The state requires this bond to protect public funds and ensure that retailers handle lottery proceeds responsibly and ethically. If a retailer fails to transfer lottery revenues to the state or commits fraud, the bond provides a way for the state to recover those financial losses. Specific requirements vary, so businesses must verify details with the issuing agency.
Getting your bond is simple: just click Apply Now to fill out our secure online application in about 5 minutes. Once your application is reviewed and the premium is paid, your bond will be delivered straight to your email. For any assistance, you can call Noah Insurance Agency nationwide at 814-718-0060.
Bond premiums are not a flat rate and will vary based on your personal credit profile and the specific bond amount required by the state. To get your exact figure, please apply online through our secure portal.
Required bond amounts vary depending on factors such as your projected ticket sales volume and business history. You must verify your exact required bond amount directly with the Colorado Lottery before purchasing your bond.
Approval times vary from applicant to applicant based on the underwriting review. Completing our online application fully and accurately is the best way to get your quote as quickly as possible.
Yes, many applicants with less-than-perfect credit are still able to secure a lottery retailer bond, though your premium rate may vary. Apply online with Noah Insurance Agency to review your specific options.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
Noah Insurance Agency · Licensed Nationwide