Free Money! N.Y. Has Millions To Give Out And Some Of It Could Be Yours

Every U.S. state has a website for lost money, where residents can make claims to receive money the believe is owed to them.

If you're a New York resident looking to do the same, check out https://www.osc.state.ny.us/unclaimed-funds/.

New York residents will need to fill out their personal information in order to claim their money. According to the state of New York website, "New York State’s Abandoned Property Law requires certain entities to transfer abandoned money or securities to the New York State Comptroller’s Office of Unclaimed Funds. The Comptroller serves as the custodian of unclaimed funds until they’re claimed by the rightful owners."

The U.S. government website states, "If a business, government office, or other source owes you money that you don’t collect, it's considered unclaimed. The federal government doesn’t have a central website for finding unclaimed money. But you don’t need to hire a company to find unclaimed money for you. You can find it on your own for free, using official databases."

Residents and businesses can send money to state-run unclaimed property offices when they can't locate the owner. The unclaimed funds held by the state are often from bank accounts, insurance policies or local state governments.

U.S. Residents can also use missingmoney.com, which is a multi-state database, by searching their name, especially if they moved from one state to another.

Each state has its own rules for verifying how to claim your money and proving that you are the owner.

Photo: Getty Images


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