Minnesota lottery retailer bonds.
From $100.
The Minnesota State Lottery can require a lottery retailer to post a bond as a condition of its license, protecting the funds the retailer owes the state. The director sets the amount under Minn. Stat. 349A.06. Pricing starts from $100, and no credit check up to $10,000 — enter the amount the Lottery required.
Trusted by industry leaders
How much does a Minnesota lottery retailer bond cost?
2% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard retailer bond — enter your amount, pay, and file with the Lottery. Here is the whole thing:
Apply online
Your business details, the bond amount the Lottery set, and the effective date — that is the application.
Issued on the spot
No credit check up to $10,000.
File with the Minnesota State Lottery
Submit the executed bond to the Lottery as a condition of your retailer license. Wet-ink originals mailed whenever the Lottery insists.
What it is and who needs it.
What the lottery retailer bond covers
Minnesota licenses lottery retailers through the Minnesota State Lottery under Minn. Stat. 349A.06. Most retailers never post a bond — but the statute lets the director require a bond, securities, or an irrevocable letter of credit, in an amount the director deems necessary to protect the financial interests of the state.
The bond stands behind the money a retailer owes the Lottery — ticket-sales proceeds and fees held in trust before they are remitted. If a retailer fails to remit, the state can recover against the bond. When required, the amount is generally tied to a retailer’s sales volume so it tracks the funds at risk.
Whatever figure the director sets, pricing starts from $100 and no credit check up to $10,000. If the director accepts a letter of credit or deposited securities instead, those are alternatives the statute allows — a surety bond is usually the cheapest way to satisfy the requirement.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Minnesota State Lottery. Submit the executed bond to the Lottery as a condition of your retailer license. Wet-ink originals mailed whenever the Lottery insists.
What sets the price
The premium is 2% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount the Lottery set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Minnesota bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Lottery retailer bond, issued today.
Pricing from $100. Enter the amount the Lottery set and file the same day.