Baton Rouge – Louisiana State Treasurer John Fleming, M.D., announced that $69.3 million in unclaimed property funds was paid to Louisiana residents and former residents in fiscal year 2025.
In the program’s history, this is the secondhighest annual amount of unclaimed property funds returned to rightful owners. The highest amount was $70.2 million in fiscal year 2021.
Unclaimed property funds are not only returned to individuals, but also to estates, businesses, non-profit organizations, and government entities.
Dr. Fleming recommends that all Louisiana residents visit LaCashClaim.org and search the website to determine if they have unclaimed property.
According to Dr. Fleming, “One in six individuals in Louisiana has unclaimed property, with claims averaging $900. It is your money; we want you to claim it.”
There is currently $1.2 billion in unclaimed property that needs to be returned to Louisiana citizens. Each year, businesses turn over millions of dollars in unclaimed cash, stocks, bonds, securities, and insurance proceeds to the Louisiana State Treasurer’s Office. Occasionally, the address the company has on record is no longer correct. One of the main reasons an item becomes unclaimed property is an incorrect or old address.
These assets are known as “unclaimed property,” and can include payroll checks, old bank accounts, royalties, utility deposits, interest payments, stock certificates, and life insurance proceeds.
