Lottery Agents operating in the State of Illinois are required under Title 11: Alcohol, Horse Racing, and Lottery, Subtitle C: Lottery, Chapter II: Department of the Lottery, Part 1770 Lottery to execute an Illinois Lottery Surety Bond to ensure compliance with licensure.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Illinois Lottery Surety Bond holds you accountable for your business decisions.
By possessing an Illinois Lottery Surety Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your business decisions.