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. Pricing starts from $100, pricing is 2% of your bond amount, with a $100 minimum, and the application collects no credit information.
















No underwriting queue for the standard lottery retailer bond — enter your amount, pay, and file with the MLC. Here is the whole thing:
Your business details, the retail location, the bond amount the MLC set, and the effective date — that is the entire application. No credit section to fill out.
No waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review; if a check ever runs, it's a soft pull that never affects your score.
Submit the executed bond to the MLC for your retailer contract. Wet-ink originals mailed whenever the corporation insists.
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 pricing starts from $100; the application collects no credit information, and pricing is 2% of the bond amount, with a $100 minimum.
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 →Pricing from $100. Enter the amount the MLC set and file the same day.