How many NTF'S? This is a question one will often see when completing our Ohio Lottery Application. NTF stands for Non-Transfer of Funds.
An NTF may occur due to the following:
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Failure of the retailer to deposit the funds into the lottery bank account at the Time when the Ohio Lottery sweeps the account.
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Large weekly invoice amount due to stolen instant tickets. (Note: the
Ohio Lottery currently has a policy whereby retailers are liable for stolen tickets when certain lottery procedures are not followed. Although these situations are not common, there is always a small risk these events will occur.)
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Intentional or deliberate failure of the retailer to fund the appropriate bank account in a timely manner.
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Bank error or omission.
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Failure of the retailer to timely notify the Lottery regarding changes to the Retailer’s dedicated Lottery bank account.