How to Collect a Lottery Jackpot in Ohio
6 Tips to Save Using the Most Popular Food Delivery Apps
Winning a large lottery jackpot can take you from broke to wealthy overnight. While this phenomenon is only experienced by beating extreme odds, buying a lottery ticket may very well be the cheapest piece of hope someone can buy. Ohio offers access to a couple of large lottery jackpots, including the Powerball, Classic Lotto and Megamillions lotteries. In addition, the Ohio Lottery offers instant win games and daily lotteries. How jackpot winners claim their winnings will depend on the dollar amount won.
Verify you own the winning jackpot numbers. The winning lottery numbers are generally announced on local television stations, and are also available online at the lottery website and by telephone hot-line (the number is generally on the lotto ticket). Retailers selling lottery tickets can check the ticket for you, or may have automated lottery machines where you can scan your ticket to determine if it is a winner.
Determine the amount of the lottery jackpot won. Each lottery has a different collection procedure depending on the jackpot amount.
Claim your prize within 180 days of the drawing date. The last day to redeem your prize is the 180th day following the drawing date, after which you forfeit your prize.
Claim a lottery prize up to $599 at any retailer selling lottery tickets. This amount can be redeemed by an on-the-spot payment of your prize.
Claim a lottery prize in the amount of $600 to $5,000 by taking the winning ticket to a lottery retailer and receiving a “Pay to Bearer” ticket in return. The retailer will also provide you with a claim form that must be completed, or you can print one out in advance from the Ohio Lottery’s website. Take the completed claim form and the “Pay to Bearer” ticket to a participating bank-cashing location to receive payment. The retailer can direct you to the nearest location. You will be required to show valid photo identification (driver’s license or combination of photo ID and Social Security card). Most banks charge a $10 fee for paying out the prize.
Claim a lottery prize for the amount of $600 to $5,000 by mailing the completed Lottery claim form. Ask the retailer for assistance with validating the ticket, as you will need to include a “Pay to Bearer” receipt from the retailer and the original lottery ticket with the completed claim form. Mail it to: Ohio Lottery Commission-Room 452, 615 W Superior Way, Cleveland, OH 44113-1879 (also found on form). Wait up to 30 days for payment by check. This option avoids the $10 fee charged by bank-cashing locations. You can also go directly to a regional Ohio Lottery office to validate the ticket and complete the claim form.
Claim large lottery jackpots over $5,000 by contacting your regional lottery office directly. You can call the following regional offices at these numbers:
Akron-Canton: 1-800-589-6467 Athens: 1-800-589-9882 Cleveland: 216-774-5671 Cincinnati 1-800-589-9882 Columbus: 1-800-589-6445 Dayton: 1-800-589-6463 Lorain: 1-800-589-6469 Toledo 1-800-589-6442 Youngstown: 1-800-589-6468
Schedule an appointment for claiming your jackpot prize.How to Collect a Lottery Jackpot in Ohio 6 Tips to Save Using the Most Popular Food Delivery Apps Winning a large lottery jackpot can take you from broke to wealthy overnight. While this
Ohio Lottery Retailer Surety Bonds
Surety Bond Requirements:
Ohio Lottery Retailers are required to have a license and surety bond prior to offering any sales of lottery products. The State of Ohio requires that all Lottery Retailers who are applying for a license to have an Ohio Lottery Retailer Surety Bond. The Ohio Lottery Commission determines the bond amount, and the minimum bond amount is $15,000.
The Commission may require a larger bond amount based on Lottery sales. The bond guarantees that the retailers will abide by the rules and regulations set forth by the Ohio Lottery Commission.
- Lottery retailers must apply online, complete the application in the Ohio E-Application System and pay the applicable license fee.
- Applicants are required to have a checking account for ACH withdrawals of ticket sales, and must pass a criminal background check. Retailers must also take a 2-3 hour training course that is offered by the Ohio Lottery.
- The Lottery Commission wil provide the equipment you will need, training and merchandise.
- Retailers earn 5.5% commission for every ticket sold, and up to 1.5% additional commission based on the number of tickets sold. Retailers also receive bonuses for selling a winning ticket for certain games.
How Much Will This Bond Cost?
The premium that you pay for an Ohio Lottery Retailer Bond is dependent on credit and the bond amount required. Our rates start at 1% of the bond amount with good credit. Contact our Surety Bond Specialists for a free quote.Ohio Lottery Retailers are required to obtain a minimum $15,000 surety bond for licensing. The Lottery Commission may require a larger bond amount based on Lottery Keno and Instant Game sales. Call SuretyGroup.com first to find out how much money we can save you! (844) 432-6637 or Apply online today! ]]>