The bond the Tennessee Education Lottery Corporation can require from a retailer as financial security for the tickets and proceeds it handles. The Lottery sets the amount — sized to your ticket sales under T.C.A. 4-51-118 — and we issue it at a flat 3% with no credit check.
















No underwriting queue for the standard retailer bond — enter your amount, pay, and file with the Lottery. Here is the whole thing:
Your business details, the bond amount the Lottery required, and the effective date — that is the entire application.
No credit check and no waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review.
Submit the executed bond to the Tennessee Education Lottery Corporation to satisfy your retailer security requirement. Wet-ink originals mailed whenever they insist.
Bond amount × 3% = your premium, one-time, $275 minimum. Enter the figure the Lottery required and the premium updates.
Tennessee runs its lottery through the Tennessee Education Lottery Corporation (TELC) under the Tennessee Education Lottery Implementation Law (T.C.A. Title 4, Chapter 51). Retailers sell tickets on the Lottery’s behalf and owe it for the tickets and proceeds — so TELC can require financial security from a retailer to protect those funds.
A bond is not required of every retailer. When TELC does require one, the amount is set by the Corporation, based on the retailer’s anticipated ticket sales — and by rule it never exceeds a district’s lottery ticket expense for two billing periods. The statute calls for an “appropriate bond,” leaving the figure to the Lottery.
The bond guarantees the retailer pays all sums due TELC for tickets and proceeds and complies with the lottery rules. If a retailer falls short, TELC can recover against the bond — and if the surety pays, the retailer repays the surety. We issue the amount TELC set, at a flat 3% with no credit check.
Submit the application with the bond amount the Lottery set — the executed bond is generated instantly, ready to file with TELC.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
Five-minute application, flat 3%, $275 minimum. Enter the amount the Lottery required and file the same day.