North Louisiana resident gets massive $2.3 million treasury return

BATON ROUGE, LA (WAFB) - A North Louisiana resident received a $2.3 million return from the State Treasury.

The Louisiana Department of the Treasury said the return is the largest amount a person has received from the Unclaimed Property Program.

The massive return came from the unclaimed oil royalties received from a deceased relative.

"This definitely was a special case, because most of our claims fall somewhere in the $900 range," said 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."

The Treasury has collected $83.8 million and has returned $28.7 million to 38,398 individuals. The state has $858 million in unclaimed property, according to the treasury.

"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."

Check if you have money to claim by searching online here. Residents can also call the Treasury's toll-free hotline at 1-888-925-4127 (Monday through Friday 8 a.m. to 4:30 p.m.).

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