Louisiana Has Over $780 Million in Unclaimed Money…Some of It Could Be Yours

BATON ROUGE, LA – Louisiana has more than $780 million in Unclaimed Property, and Lake Charles area residents can see if any of this money belongs to them at an Unclaimed Property event on Saturday, September 23.

“There are no strings attached with the Unclaimed Property Program, and it’s a free public service,” said State Treasurer Ron Henson.  “It hardly takes any time to stop by to see if the state owes you money. What do you have to lose? The odds of finding Unclaimed Property are much better than winning the lottery.”

Employees from the Treasury’s Unclaimed Property Division will be stationed at the Sears Court entrance at Prien Lake Mall, located at 496 W. Prien Lake Road in Lake Charles, from 10 a.m. to 3 p.m.  Treasury employees will help citizens file their Unclaimed Property claims and will notarize large claims for free.

Individuals attending Saturday’s event should bring a valid photo ID and Social Security Card to speed up the processing of their claims.  The Treasury will issue and mail checks for all approved Unclaimed Property claims after Saturday’s event.

The average Unclaimed Property claim is $900 and usually includes old savings and checking accounts, payroll checks, CDs, stocks and dividends, insurance proceeds, oil and gas royalty payments, utility deposits and similar funds.

Since 1972, the Unclaimed Property Program has returned more than $429 million to more than 475,000 Louisiana citizens.  Louisiana residents who cannot attend the event on Saturday can search for their unclaimed money online at www.latreasury.com or call the Treasury’s toll-free hotline at 1-888-925-4127 (Monday – Friday 8:00 a.m. to 4:30 p.m.).

Contact:
Sarah Mulhearn
(225) 342-0012
smulhearn@treasury.state.la.us