And if you get drawn, they send you your tag. If you don't get drawn, they refund all but a $3 app fee and a $25 Preference point fee if you don't qualify for an exemption from that fee.
I thought there was a fee in the past, but I just found this at the bottom of the on-line application page:
"The Colorado Division of Wildlife does NOT charge convenience fees for this, or any other, license purchase. This is the ONLY online license sales site provided directly by the Colorado Division of Wildlife for its patrons."