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Unclaimed Money Statistics

Unclaimed money can be found in every state in the United States, including the District of Columbia. An estimated $58 billion in unclaimed cash and benefits currently exists. That's a lot of money! Even with 308 million people living in the United States, this amounts to about $186 per person. The money is held by states, federal agencies, and other organizations. While most claims are only around $100, some people have lucked out with finding millions or even billions of unclaimed money in their name! For example, someone in Iowa found out he had $2.3 billion in unclaimed money!
unclaimed money statistics

What Are Unclaimed Property Laws?

In the United States, there are unclaimed property laws that require two reporting periods each year for the individual state's Unclaimed Property Office to be notified of any unclaimed stocks, bank accounts, insurance proceeds, utility deposits, and more. After this first round of reporting, the unclaimed cash and property must then be published in a local newspaper. Finally, it is given to the state to hold onto until the owner comes to claim it.

 Where Does Unclaimed Money Come From?

Unclaimed money can come from many different sources, and it is easy to see how someone could potentially lose track and forget about the money they are owed. Some common unclaimed money sources include:

  • Unredeemed money orders
  • Stocks
  • Savings and checking accounts
  • Utility security deposits
  • Paychecks
  • Annuities
  • Unredeemed gift certificates
  • Uncashed dividends
  • Trust distributions
  • Refunds
  • Traveler's checks
  • Insurance payments
  • Live insurance policies
  • Customer overpayments
  • Safe deposit box contents

Unclaimed Money: Total Dollar Amount Per State

The top five states for unclaimed money are New York ($14 billion), California ($8 billion), Texas ($4 billion), Pennsylvania ($3.2 billion), and Illinois ($2.9 billion). Here is how much unclaimed money is currently held by each state:

  • Alabama: $400 million
  • Alaska: $91 million
  • Arizona: $1 billion
  • Arkansas: $280 million
  • California: $8 billion
  • Colorado: $600 million
  • Connecticut: $752 million
  • Delaware: $514 million
  • Washington, DC: $12 million
  • Florida: $1 billion
  • Georgia: $2 billion
  • Hawaii: $280 million
  • Idaho: $57 million
  • Illinois: $2.9 billion
  • Indiana: $460 million
  • Iowa: $316 million
  • Kansas: $300 million
  • Kentucky: $244 million
  • Louisiana: $750 million
  • Maine: $240 million
  • Maryland: $90 million
  • Massachusetts: $2.4 million
  • Michigan: $2 billion
  • Minnesota: $711.5 million
  • Mississippi: $31 million
  • Missouri: $988 million
  • Montana: $89 million
  • Nebraska: $170 million
  • Nevada: $650 million
  • New Hampshire: $18.5 million
  • New Jersey: $1 billion
  • New Mexico: $151 million
  • New York: $14 billion
  • North Carolina: $659 million
  • North Dakota: $29 million
  • Ohio: $2.8 billion
  • Oklahoma: $585 million
  • Oregon: $564 million
  • Pennsylvania: $3.2 billion
  • Rhode Island: $325 million
  • South Carolina: $550 million
  • South Dakota: $280 million
  • Tennessee: $819.7 million
  • Texas: $4 billion
  • Utah: $370 million
  • Vermont: $51 million
  • Virginia: $2.5 billion
  • Washington: $830 million
  • West Virginia: $230 million
  • Wisconsin: $400 million
  • Wyoming: $60 million
Average Amount of Unclaimed Money Per Person
  • Alabama: $81.82
  • Alaska: $122.66
  • Arizona: $140.37
  • Arkansas: $379.37
  • California: $201.12
  • Colorado: $105.56
  • Connecticut: $209.55
  • Delaware: $529.36
  • Washington, DC: $17.60
  • Florida: $46.92
  • Georgia: $189.66
  • Hawaii: $196.30
  • Idaho: $32.50
  • Illinois: $227.12
  • Indiana: $68.66
  • Iowa: $98.9
  • Kansas: $102.79
  • Kentucky: $54.56
  • Louisiana: $160.17
  • Maine: $179.04
  • Maryland: $14.80
  • Massachusetts: $348.03
  • Michigan: $200.18
  • Minnesota: $126.48
  • Mississippi: $10.39
  • Missouri: $161.02
  • Montana: $83.78
  • Nebraska: $87.97
  • Nevada: $212.64
  • New Hampshire: $13.70
  • New Jersey: $110.71
  • New Mexico: $72.22
  • New York: $704.85
  • North Carolina: $63.43
  • North Dakota: $38.40
  • Ohio: $239.43
  • Oklahoma: $148.46
  • Oregon: $134.40
  • Pennsylvania: $249.53
  • Rhode Island: $306.11
  • South Carolina: $108.08
  • South Dakota: $318.98
  • Tennessee: $120.85
  • Texas: $139.38
  • Utah: $117.11
  • Vermont: $81.74
  • Virginia: $293.23
  • Washington: $110.22
  • West Virginia: $127.56
  • Wisconsin: $85.94
  • Wyoming: $104.58
 
Enter your name to start searching! 100% confidential! Updated on July 17, 2019
100 Million Records Available!