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Lottery Authorizes Investments in SBA Securities

California State Lottery | State of California
Document date
Sep 25, 2025

The 30-second brief

What it covers

The policy allows the Lottery to purchase Small Business Administration securities as part of its fixed-income investment portfolio. These investments must align with annuity prize payout schedules and prudent investor standards.

Who holds it

Small Business Administration holds this financial services contract with California State Lottery | State of California. Its other public contracts on record include work for Cobb County and City of Newburgh.

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Contract details

Contract type
Financial Services
Document date
September 25, 2025
Vendor
Small Business Administration
Agency
California State Lottery | State of California
Source document
California State Lottery Investment Policy 2025-09-25 (Policy)

Small Business Administration's other public contracts

Cobb County, GeorgiaSBA Standards Incorporated Into Definitions · Sep 4, 2026UndisclosedCity of Newburgh, New YorkSBA-Co-Sponsored Small Business Training in Newburgh · Aug 10, 2026UndisclosedBirdville Independent School District, TexasLegacy Fund holds SBA pass-through investment · Jul 23, 2026$651KMarathon County, WisconsinMarathon County Plans SBA Business Recovery Center Lease · Jun 18, 2026UndisclosedSanta Fe County, New MexicoCounty Reports SBA Investment · Jun 1, 2026$145KAll Small Business Administration contractsVendor profile

More California State Lottery | State of California contracts

Los Angeles RamsLottery Partners With Los Angeles Rams on Promotions · Sep 1, 2026UndisclosedLos Angeles ChargersLottery Partners With Los Angeles Chargers on Promotions · Sep 1, 2026UndisclosedFoothill Transcription CompanyTranscription Services Provided by Foothill Transcription Company · Sep 1, 2026UndisclosedFEDEXLottery Shifts Scratcher Shipments to FedEx · Sep 1, 2026UndisclosedSan Francisco 49ersLottery Partners With San Francisco 49ers on Promotions · Sep 1, 2026UndisclosedAll California State Lottery | State of California activityAgency profile

Questions about this contract

Who was awarded the financial services contract by California State Lottery | State of California?

Small Business Administration was awarded this financial services contract by California State Lottery | State of California, as recorded on September 25, 2025.

What type of contract is this?

This is a Financial Services contract, documented as a policy record.

Where was this contract approved?

This contract appears in California State Lottery Investment Policy 2025-09-25 (Policy), dated September 25, 2025 from California State Lottery | State of California. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Small Business Administration hold?

Small Business Administration may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is California State Lottery | State of California currently buying?

Explore California State Lottery | State of California's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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