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Oklahoma has $1 billion worth of money and property waiting to be claimed

Ashley Fisher by Ashley Fisher
August 27, 2024
in Finance
0

According to the State Treasurer, there is a staggering $1 billion in unclaimed money and property that is currently available for Oklahomans to claim.

Have you ever wondered if you might be entitled to some forgotten treasures? It’s worth taking a moment to explore the possibility. You never know what valuable possessions or financial benefits could be waiting for you.

According to State Treasurer Todd Russ, there is a staggering $141 million worth of unclaimed property in Tulsa County.

According to him, there are approximately 1 million names listed in the state’s database, and yours may be among them.

I spoke with a few residents of Tulsa who recently discovered that they possess unclaimed property.

Russ, in a recent interview with News On 6, showcased a variety of unclaimed property held by his office. Among the items were bags of money, gold bars, jewelry, collectible cards, and even a rare nickel from 1898.

Russ shared that they distribute an annual amount of 35 to 50 million dollars in claims, emphasizing their dedication and effort in doing so.

During a meeting on August 26th, Russ urged the members of the Kiwanis Club of Tulsa to personally check on themselves, as well as their family and friends.

Marquess Dennis discovered a pleasant surprise during the Kiwanis Club meeting when he visited yourmoney.ok.gov. He was thrilled to find out that he had over $100 waiting for him.

According to Dennis, searching for treasures is similar to a thrilling adventure without the physical exertion and discomfort of being in the scorching heat and sandy desert. It’s a feeling of accomplishment and excitement when one finally stumbles upon the hidden gem.

During the meeting, State Rep. Amanda Swope discovered that her late grandmother possesses two unclaimed property records.

Swope believes that many members of their family are simply unaware of the existence of this information.

According to Russ, the state’s vault houses hundreds of safe deposit boxes containing unclaimed property, along with other estates.

Russ shared that they had distributed a claim last year, which happened to be the highest claim ever recorded in the state of Oklahoma. The staggering amount of over $3 million was provided to a deserving family.

According to Russ, the process of returning the money to the rightful owner or their heir can vary in duration, ranging from a few days to several years. However, despite the time investment, Russ believes that the effort is worthwhile.

Russ explained that there are individuals who frequently file false claims on these estates, and it becomes necessary to investigate and determine the legitimate heirs.

Reference article

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