What is a Georgia Lottery Bond?
A Lottery Bond (Financial Guarantee Bond) is a requirement of the Georgia Lottery Corporation (GLC) for lottery retailers legally selling lottery tickets on behalf of the GLC in the state. The bond guarantees that the establishment operating lottery machines will comply with the rules, regulations and terms set out by the GLC. All lottery sales on the premise must be conducted in accordance with the commission's guidelines and other applicable Georgia state laws. Additionally, required taxes, fees, penalties, interest and other monies due must be paid to the state authority as required.
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