The is required by the Maryland State Lottery Agency. The bond states that the Agent shall have a weekly settlement and remittance available prior to the scheduled Agent collection. Pursuant to State Government Article 9-101, the Surety shall pay the Lottery any and all loss suffered for the Agent’s failure to have such weekly settlement and remittances available.
Who needs to have a Lottery Agent Bond?
Lottery Agents shall be duly licensed by The Maryland State Lottery Agency. The Lottery Agent Bond is one of the licensing requirements. The bond must be in the exact amount required by the Maryland State Lottery, Agent Bonds Unit. Make sure that whoever issues your surety bond is licensed to operate in the state.
Surety1 has been providing surety bonds since 2003 and is licensed in all 50 states. We are partnered with over a dozen A rated surety companies to get this bond approved fast with the best rates.
How do I become a Licensed Agent?
Complete the application package. Included in the packet are the following:
- Application form
- Request for Taxpayer Identification Number and Certification
- Electronic Funds Transfer Authorization Agreement and Affidavit
- Worker’s Compensation Insurance
- Certificate of Compliance
- Authorization for Criminal Background Check
Where can I get a Maryland Lottery Agent Bond?
At Surety1, we make things easy for you. Start the process by completing our easy-to-navigate, free online application form. Next, one of our surety agents will contact you with a no-obligation quote for the bond premium. After that, once you decide to move forward with us, you just need to pay the bond premium and sign any necessary paperwork. Lastly, choose your shipping options. You can have your Maryland Lottery Agent Bond mailed through USPS Priority Mail or overnight delivery, for an extra fee.
Surety1 maintains an A+ rating from the Better Business Bureau for our outstanding service.