Largest Money Amount Returned To North Louisiana Resident
$2.3 Million in unclaimed oil royalties have been returned to a North Louisiana resident, making it the largest amount of money ever returned to one person in the history of the Louisiana Department of the Treasury's Unclaimed Property Program.
“This is part of an estate that a gentleman had passed and they had some oil royalties that the family didn’t know about,” says Treasurer John Schroder to Louisiana Radio Network. "This was definitely a special case because most of our claims fall somewhere in the $900 range.
According to the State Treasury's website, their office has collected $83.8 million and has returned $28.7 million to 38,398 individuals.
“More people than ever are claiming their money, and this is partly due to our new online system and fast tracking of claims,” said Treasurer Schroder. “We’ve already processed almost 12,000 more claims than last year."
“The state is holding $858 million that belongs to the citizens of Louisiana, so I would strongly suggest that people check our website," continues Treasurer Schroder. "Even if you don't find millions, it's worth your time to see if there is money out there waiting for you."
To see if you have money to claim, search 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.).