NY State Has $17 Billion In 'Lost Money'! How Do You Find Yours?

Do you know exactly how much money you have in the bank? If you are like me, you know the amount in your checking account and savings account, to the dollar. Same thing with your paycheck, you most likely know the exact dollar amount each paycheck is supposed to be, maybe even to the penny.

As much as we keep track of our income and accounts, there could be money out there that is ours, and we don't even know it. The State of New York has more than $17 Billion dollars worth of unclaimed funds and they payout $1.5 million every day. How do you get your money?

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$17 billion dollars? Billion? Yes, according to the New York State Comptrollers Office, this is considered "lost money" from insurance settlements, unclosed bank accounts, court funds, estate proceeds, telephone and utility security deposits, abandoned property settlements and money for Holocaust survivors and their families, to name just a few.

Not everyone will have lost money waiting for them but just to give you an example of how much this is, with approximately 19 million people living in New York State and $17 billion in lost money, that is nearly $1,000 per resident! So, how do you see if you are owed money?

Photo by engin akyurt on Unsplash

Over $221 million has been returned to New Yorkers so far in 2022. In the Capital Region alone there's $161 million is still unclaimed and waiting for you. In order to search for your lost money you will be asked for your first and last name or an organization's name. Begin your search HERE.

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