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Lottery Retailer The State of Minnesota requires retailers who sell lottery tickets to post a bond or irrevocable letter of credit to guarantee payment of ticket sales proceeds back to the State Lottery if the retailer does not have a prior credit history, or there has been a problem in remitting the funds in the past. The amount of the bond is set by the Commissioner of the Minnesota State Lottery. Regulating Department Contact:
Statutes:
Rules:
Underwriting Requirements:
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