Lottery Bonds – Georgia Lottery Corporation
Georgia Lottery Corporation (GLC) State of Georgia
In order to become a Georgia Lottery Retailer Agent the lottery has an application process that involves background history of the location requested on the application, if multiple locations exist those will have to be researched also and submitted per application. The history of all applicants will be reviewed through credit and criminal background checks via reports for a Lottery Bond for the GLC.
Once the review of your application for the Surety Lottery Bond has been accepted and a tentative approval of your application has been reached most likely there will be an option of placing a security deposit or Surety Bond or Lottery Bond on behalf of the
Georgia Lottery Corporation.
The Surety Bonds, Surety Lottery Bond or Lottery Bonds will be assigned to the GLC and will guarantee payment of the net proceeds every week to the GLC. The amount of the bond can vary from the usual minimum requirement of $12,000. Lottery Bonds, $15,000 Lottery Bond, $30,000. Lottery Surety Bond, $75,000. Performance & Payment Bond all the way up to a $100,000. Surety Lottery Bond in favor of the Georgia Lottery Corporation (GLC).
Payment and Performance Bond Form / Surety Lottery Bond Form
GLC Contact Info:
Georgia Lottery Corporation
Retailer Contracts Administration (COAM)
PO Box 56927
Atlanta GA 30343
T – 404 215 5000
F – 404 512-8897