MS lottery retailer bonds.
Flat 3%. Enter your amount.

The Mississippi Lottery Corporation requires each retailer to post a bond or letter of credit to secure the lottery funds you collect. Under Miss. Code § 27-115-59 the amount is up to twice your average ticket sales for the remittance period — first-time retailers commonly start at $8,000 per location. We issue it at a flat 3% with no credit check.

Required by the Mississippi Lottery Corporation for each retail location under Miss. Code § 27-115-59
Amount is up to 2× your average lottery ticket sales — first-time retailers commonly start at $8,000
Flat 3%, no credit pull — enter your required bond amount and the premium updates
Flat 3%of your bond amount$275minimum premiumNo creditcheck to issue
Trusted by industry leaders
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NYCEDC
BDG
Capital
McKinney
Terra
JLL
Triple Five
Georgetown
How it works

Apply to filed in one sitting.

No underwriting queue for the standard lottery retailer bond — enter your amount, pay, and file with the MLC. Here is the whole thing:

TODAY · 5 MINUTES

Apply online

Your business details, the retail location, the bond amount the MLC set, and the effective date — that is the entire application.

INSTANTLY

Issued on the spot

No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.

SAME DAY

File with the Mississippi Lottery Corporation

Submit the executed bond to the MLC for your retailer contract. Wet-ink originals mailed whenever the corporation insists.

The whole pricing page.

Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the MLC set and the premium updates.

$8,000 bond
$275
$10,000 bond
$300
$25,000 bond
$750
About this bond

What it is and who needs it.

What the lottery retailer bond actually covers

When you sell Mississippi Lottery tickets, you collect lottery funds that belong to the corporation. Miss. Code § 27-115-59 lets the Mississippi Lottery Corporation require each retailer to post a letter of credit or a surety bond to secure those funds and your reporting obligations between remittances.

The statute caps the bond at an amount not to exceed twice the average lottery ticket sales of the retailer for the period within which the retailer must remit funds. First-time retailers are commonly bonded at $8,000 per location; once the MLC has your sales data, it adjusts the bond to track your actual volume.

The bond stands behind the funds you owe the corporation — if you fail to remit, the MLC can recover against it. If the surety pays a claim, you repay the surety; it is not insurance for you. Enter the amount the MLC set and we issue the bond at a flat 3% with no credit check.

Miss. Code § 27-115-59 (lottery retailer bond)Mississippi Code § 27-115-59 directs the Mississippi Lottery Corporation to require each lottery retailer to post a letter of credit or a bond, using a surety acceptable to the corporation, in an amount not to exceed twice the average lottery ticket sales of the retailer for the period within which the retailer must remit funds to the corporation. First-time retailers are commonly bonded at $8,000 per location; confirm your amount on your MLC retailer correspondence.

You need this bond if you are

Applying to be a Mississippi Lottery retailer — a new retail location selling lottery tickets
A convenience store or gas station adding lottery sales and contracting with the MLC
Adjusting an existing bond after the MLC recalculated it to twice your average ticket sales
Operating multiple locations carrying the per-location bond the corporation sets

Five minutes, issued on the spot.

Submit the application with the bond amount the MLC set — the executed bond is generated instantly, ready to file with the Mississippi Lottery Corporation.

Start the application →
FAQs

Common questions.

If yours isn't here, the bond team can usually answer within the hour.

How much is the Mississippi lottery retailer bond? +
The premium is a flat 3% of the bond amount, with a $275 minimum. The amount itself is set by the Mississippi Lottery Corporation — up to twice your average ticket sales, commonly $8,000 for a first-time retailer. Enter that figure and the quote updates.
Why does the Lottery Corporation require it? +
Under Miss. Code § 27-115-59, the bond secures the lottery funds you collect between remittances. If you fail to remit, the corporation can recover against the bond.
Is there a credit check? +
No — the lottery retailer bond is issued with no credit pull. Larger bond amounts may get a quick soft-pull review, which never affects your credit score.
My bond amount changed — why? +
Once the MLC has your actual sales data, it recalculates the bond to up to twice your average ticket sales for the remittance period. If yours went up or down, send us the new figure and we re-issue at that amount.
Can I post a letter of credit instead? +
The statute accepts either a letter of credit or a surety bond. A surety bond is usually cheaper — you pay the 3% premium rather than tying up the full amount with your bank.
Related bonds

Other New York bonds.

Lottery retailer bond, issued today.

Five-minute application, flat 3%, $275 minimum. Enter the amount the MLC set and file the same day.

Your premium @ 3%$275
Apply now →