Virginia lottery retailer bonds.
From $125.
Virginia can require a lottery sales agent to be bonded before issuing a retailer license — the bond is payable to the Virginia Lottery and conditioned on faithful performance of your duties. The Lottery sets the amount; pricing starts from $125, with your exact premium shown in the application.
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How much does a Virginia lottery retailer bond cost?
2% of the bond amount plus a $25 fee, from $125. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard lottery bond — enter your amount, pay, and file with the Virginia Lottery. Here is the whole thing:
Apply online
Your business details, the bond amount the Lottery required, and the effective date — that is the application.
Issued on the spot
No credit check up to $10,000. Above $10,000, a soft pull may add a short review.
File with the Virginia Lottery
Submit the executed bond with your retailer license application. Wet-ink originals mailed whenever the Lottery insists on them.
What it is and who needs it.
What the lottery retailer bond covers
A lottery sales agent (retailer) sells Virginia Lottery tickets and collects the proceeds, which belong to the Commonwealth. Under Code of Virginia § 58.1-4009, before a license issues, a sales agent must be bonded (or provide other surety satisfactory to the Director) in an amount and penalty prescribed by Lottery regulation.
The bond is payable to the Virginia Lottery and conditioned on the faithful performance of the agent's duties — principally, remitting all funds owed to the Lottery. If a retailer fails to turn over ticket proceeds, the Lottery can recover against the bond.
Because the figure is set by regulation, the amount comes from your retailer packet rather than a single statutory number; in practice it commonly falls in a $20,000–$40,000 range, scaled to your expected sales. Enter the amount the Lottery set; pricing starts from $125, and no credit check up to $10,000.
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 Virginia Lottery. Submit the executed bond with your retailer license application. Wet-ink originals mailed whenever the Lottery insists on them.
What sets the price
The premium is 2% of the bond amount plus a $25 fee, $125 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 Virginia bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Lottery retailer bond, issued today.
Pricing from $125. Enter the amount the Lottery set and file the same day.