Arkansas Lottery | $10,000 Lottery Surety Bond

Also known as: lottery bond

Type of Bond

An Arkansas Lottery Bond is a type of surety bond that is required by the Arkansas Scholarship Lottery for individuals or entities that operate as lottery retailers in the state. The bond serves as a financial guarantee to the state and any players or vendors associated with the lottery retailer that the retailer will comply with all applicable laws and regulations related to the operation of the lottery, will handle all funds received in connection with lottery activities in a responsible manner, and will pay all required fees and taxes. The bond amount is determined by the state and must be maintained for the duration of the retailer's operation in the state. If the retailer violates the bond agreement, a claim can be made against the bond for compensation.


Program

The price you'll pay for your $10,000 Lottery Bond is generally based on your personal credit score. Start a free online quote by just completing a simple app or by calling 888-518-8011. Our experts will walk you through a very simple process. Compare our quote as the very lowest price, and then you're good to go! It's that simple!

We provide all types of $10,000 Lottery Bonds. Worldwide Insurance Specialists, Inc. has "in house" underwriting authority with the largest and best Surety (Insurance) companies in the world including, Great American, Liberty Mutual, Philadelphia, Travelers, and CNA Surety. All of these surety bond companies are A-rated under the AM Best credit rating system, and T-listed with the U.S. Department of Treasury. This guarantees that by getting bonded through us, you will be provided the backing of these highly trustworthy and reliable companies.


Application

The application process for a $10,000 Lottery Bonds is easy! Many Bonds are INSTANT ISSUE! Easy Application, no underwriting, no credit check, no GIA required. Our NEW Desktop underwriting program provides you with a rapid approval process used to determine the degree of risk that you (the Principle) complete a project or obligation. Non-INSTANT ISSUE quotes can also get instantly approved. Submissions require very little information from you. Once you file and sign an indemnity agreement, we issue the Bond. It's that simple! We quote and issue Surety Bonds of every type and will help you through the entire process. These applications only require basic information about your business, bond type, and ownership structure. Once the application is complete, we submit to the insurance company (Surety) who will then issue your bond. Don't pay too much! Get your Bond Fast, and Easy with the best price! Click here to start the Lottery Bond Application process.

The Arkansas Lottery Bond amount is currently set at  $10,000.

Obligee Information

An obligee is the entity that is requiring you to have the Lottery bond.

For your convenience you can view a sample copy of the Arkansas Lottery Bond Form.

Obligee: Arkansas Lottery Commission
Street: Po Box 3238
State: Arkansas
Zip: 72203