diff --git a/x/auction/keeper/auctions.go b/x/auction/keeper/auctions.go
index 8a66f939..e3c6a1df 100644
--- a/x/auction/keeper/auctions.go
+++ b/x/auction/keeper/auctions.go
@@ -350,11 +350,12 @@ func (k Keeper) PlaceReverseBidCollateral(ctx sdk.Context, a types.CollateralAuc
 	}
 	for i, payout := range lotPayouts {
 		// if the payout amount is 0, don't send 0 coins
-		if payout.IsPositive() {
-			err = k.supplyKeeper.SendCoinsFromModuleToAccount(ctx, types.ModuleName, a.LotReturns.Addresses[i], sdk.NewCoins(payout))
-			if err != nil {
-				return a, err
-			}
+		if !payout.IsPositive() {
+			break
+		}
+		err = k.supplyKeeper.SendCoinsFromModuleToAccount(ctx, types.ModuleName, a.LotReturns.Addresses[i], sdk.NewCoins(payout))
+		if err != nil {
+			return a, err
 		}
 	}