July 7, 2023 |
Photo – One Dollar Bills – Bigfoot99 file photo
The Wyoming Unclaimed Property Department could be hanging onto some of your money, and they want to put it in your hands.
A Division of the Wyoming State Treasurer’s Office, the unclaimed property division returned more than $10.6 million dollars to residents and former residents of the state in the last fiscal year.
The 9,342 checks issued over the 2022-2023 fiscal year represents a 31.8 percent increase over the previous record of $8.072 million paid in FY 2021-22.
“Our Unclaimed Property Fund keeps getting bigger and bigger, no matter how much money we return to its rightful owners,” Wyoming State Treasurer Curt Meier said. “To me that’s really eye-opening when you consider our payments to citizens of the Cowboy State are up more than 30 percent from the previous record.”
In Carbon County, the largest cash claim paid between July 1 of last year and June 30 of this year was $47,040. The largest property was valued at more than $101,000.
It might be worth a look, although some have told this report that the paperwork involved is not worth the time — depending on how much money is waiting to be claimed.
To make a valid claim at www.mycash.wyo.gov or any other state’s site, owners will need to provide information about themselves and may need to submit official documents. This could be as simple as a copy of a driver’s license, but additional documents may be required for those claiming as an heir or a closed/dissolved business.
Wyoming law requires the State to hold unclaimed property in perpetuity until it is claimed by the rightful owner.
According to state records, the largest single cash payout over the last year was $742,993 to someone in Big Horn County.
