The Surety Group - Ohio Lottery Bonds

A surety bond is a three party agreement between the principal (the person getting the bond), the obligee (the person requiring the bond) and the surety, which guarantees the principal will comply with certain laws, regulations or abide by a contract.

In the case of an Ohio Lottery Performance bond, the bond guarantees that the Retailer will abide by the rules and regulations set forth by the Ohio Lottery Commission.

An Ohio Lottery Performance Bond guarantees that the Retailer will abide by the rules and regulations set forth by the Ohio Lottery Commission.

The Ohio Lottery Commission determines the bond amount.

The Surety Group has developed a four tier rate structure based on the state and national average credit score. Applications will be scored based on credit score, home ownership and years in the Ohio Lottery Retail program.

Points	Citeria

50	Credit score 720 - 900
40	Credit score 680 - 719
30	Credit score 620 - 679
10	Credit score 580 - 619
20	Owner(s) owns a home
5	For each year Applicant has been an Ohio Lottery Retailer
-5	For each NTF in the last 5 years

Note: Credit score will be based on the owner or the highest credit score when there are multiple owners.

Rates are as follows:

Score	Rater Per Thousand	Program Name

90+	$7.50	Premium Retailer (low risk)
70-89	$10.00	Preferred Retailer
50-69	$15.00	Standard Retailer
<50	$20.00	Non-Standard Retailer(high risk)

Blanket Bonds

The Surety Group will offer a Blanket Bond to cover Retailers with multiple locations.

	Blanket Bond Program
Number of Locations	2 or More
D & B Rating	Minimum BB in Financial strength ($200,000 - $299,000)
Commercial Credit Score	Either 1 (High) or 2 (Good)
Rate per $1,000	$7.50

The Surety Group accepts the following types of payment:

Credit Card
Cashier’s Check
Personal Check
Money Order

Applying for your Ohio Lottery Bond has never been so easy! You can complete and submit your application right here on our website. Simply click on the Application Link to get started.

Once you have submitted your application online, our underwriter will call you within 24 hours with your bond approval. Once payment has been received we will release your bond. Let us know if you need your bond sent via express mail service.

The Surety Group will also be happy to mail, fax or e-mail you an application.

Once an approval has been issued, simply choose your preferred method of payment and remit payment. We accept credit cards, personal or corporate check, cashier’s check or money orders. Please complete a Credit Card Authorization form if you wish to pay with your credit card.

Your bond will be released upon receipt of payment. Please complete an Express Mail Agreement if you want your bond sent using an express mail service.

Contact The Surety Group via phone, e-mail or fax to increase your bond.

Our Live Chat function on our website is designed for instant access to our underwriters. Or contact any of the following people for immediate assistance:
Sam Newberry: SNewberry@suretygroup.com
Shoni Trammell: Shoni@suretygroup.com
Tanya Harrelson: Tanya@suretygroup.com
Leigh Wyatt: Leigh@suretygroup.com

404-352-8211
800-486-8211
404-351-3237 Fax

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