National Lottery Retailer Agreement: Who Qualifies and What You Get
Learn how to become a lottery retailer in Ireland, including the requirements for sales turnover and the security deposit needed to start.
This agreement allows retail business owners to sell lottery products by hosting a specialized lottery terminal within their premises.
Who it's for
This scheme is designed specifically for retailers looking to expand their service offerings. To qualify, your business must meet specific criteria regarding your location and your current turnover. The issuing body evaluates these factors to ensure that the shop is an appropriate site for a lottery terminal.
What you get
The primary benefit of this agreement is the ability to earn a commission on your lottery ticket sales. This provides an additional revenue stream for your business based on the volume of tickets sold through your terminal.
What it costs you
While the agreement provides a way to earn extra income, there is an upfront requirement. You will be required to provide a security deposit to enter into the agreement. You should be prepared to manage this cost as part of your initial setup for the lottery services.
The catch to know
The most important rule to remember is that strict age verification rules apply. Because you are selling lottery products, you are responsible for ensuring that all customers meet the legal age requirements. Failure to follow these rules can impact your standing under the agreement.
How to apply
- Evaluate your retail location and current sales turnover to ensure you meet the eligibility criteria.
- Reach out to the issuing body to discuss the specific requirements for your business.
- Complete the necessary paperwork to establish the agreement.
- Provide the required security deposit to finalize your status.
- Set up and begin using your lottery terminal to start selling.