Oregon - Lottery Retailer — required surety bond in Oregon. Apply online in minutes.
The Oregon Lottery Retailer Bond is a commercial surety bond required by the state for authorized lottery retailers. It guarantees that the retailer will accurately report and remit all proceeds from lottery ticket sales and terminal operations to the Oregon Lottery. If the retailer fails to pay the funds they collected, the bond protects the state from financial loss.
Businesses in Oregon that apply to sell state lottery tickets or operate video lottery terminals typically need this bond. This commonly includes convenience stores, gas stations, grocery stores, bars, and restaurants that partner with the Oregon Lottery.
The Oregon Lottery requires this bond to ensure financial accountability from the businesses handling state funds. It serves as a financial guarantee that all lottery proceeds will be securely held in trust and properly submitted to the state. This protects public funds against mismanagement, fraud, or default by the retailer.
Click the Apply Now button to start your secure online application, which takes about 5 minutes to complete. Once processed, your official bond will be delivered conveniently by email. For assistance, contact Noah Insurance Agency at 814-718-0060.
Premiums vary based on the required bond amount and the applicant's credit history. Please apply online with Noah Insurance Agency for exact figures.
Required bond amounts vary depending on factors like your projected sales volume and the type of lottery equipment you operate. You must verify the exact bond amount you need directly with the Oregon Lottery before purchasing.
Yes, many applicants can still be approved for a bond with less-than-perfect credit, though the premium rates may vary. Apply online to review the specific options available to you.
Renewal requirements vary depending on the terms set by the state. You should always verify your specific expiration and renewal dates with the issuing agency to ensure your coverage remains active.
Send us a note or call 814-718-0060 — a licensed agent will confirm the bond amount and requirements for you.
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