The Village of Frankfort requires the designated raffle manager of a licensed organization to give a fidelity bond before a raffle license is issued, under Village Code § 135.06 and the state's Raffles and Poker Runs Act (230 ILCS 15/5). The village sets the amount at the aggregate retail value of the prizes to be awarded; premiums cost 0.1% of the bond amount, $100 minimum, and the application collects no credit information.
















No long underwriting queue for the standard raffle manager bond — enter your prize value, pay, and file with the Village Clerk. Here is the whole thing:
The organization's details, the designated manager's information, the aggregate retail value of the prizes to be awarded, and the effective date — that is the entire application.
The application collects no credit information, and most applications approve instantly. If a check ever runs, it is a soft pull that never affects your score.
Submit the executed bond with your raffle license application to the Village Clerk, the raffle administrator under Village Code § 135.06. Wet-ink originals mailed whenever the village insists.
Illinois's Raffles and Poker Runs Act (230 ILCS 15/5) requires the manager of a licensed raffle to give a fidelity bond, in an amount determined by the licensing authority, in favor of the organization conducting the raffle, conditioned on the manager's honesty in performing his or her duties.
The Village of Frankfort, acting as the licensing authority, implements that requirement in Village Code § 135.06: a raffle license application must be accompanied by a fidelity bond in an amount equal to the aggregate retail value of all prizes to be awarded in the raffle. All operation of a licensed raffle is placed under the supervision of a single manager designated in the application, and the Village Clerk serves as the raffle administrator.
The bond protects the organization itself — if the manager mishandles raffle proceeds or prizes, the organization can recover against the bond. It is not insurance for the manager: if a claim is paid, the manager repays the surety. We issue the bond at the prize value your raffle license application states, from a $100 minimum, and the application collects no credit information.
Submit the application with the aggregate retail value of your raffle's prizes. Most applications approve instantly.
Start the application →From $100, soft pull only. Enter your prize value and file with the Village Clerk the same day.