CT May Owe You Money, Here’s How To Find Out

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Connecticut is holding onto unclaimed money for 1.7 million people. Here’s how to find out if some of it is yours.

The State of Connecticut is holding on to more than $138 million in unclaimed property from last fiscal year alone. The state takes in unclaimed assets such as last paychecks and dormant bank accounts until the rightful owner comes along to claim funds.

Last year the state returned $58 million to more than 18,000 rightful owners. It was 42 percent more than the previous fiscal year. In total the state is holding $922 million in unclaimed assets.

“We take seriously our commitment to return unclaimed property to their rightful owners,” said state Treasurer Denise Nappier. “One of the most rewarding aspects of my job as State Treasurer is giving money back to people. We have millions of dollars waiting to be returned.”

Here is a partial breakdown of who is owed what:

  • 340 owners with properties valued between $100,000 and $249,999;

  • 3,357 owners with properties valued between $25,000 and $99,999;

  • 25,475 owners with properties valued between $5,000 and $24,999;

  • 134,378 owners with properties valued between $1,000 and $4,999; and

  • 139,020 owners with properties valued between $500 and $99

More than $281 million has been returned to nearly 90,000 owners in the past five fiscal years.

Connecticut took in $12.4 million more than it projected this past fiscal year, mainly due to selling unclaimed securities. Those who owned the securities will receive the cash value of when they were sold.

People can find out if they are owed money by visiting the state’s CTBigList website. People can claim what is rightfully theirs for free and there is no expiration date.

Unclaimed funds are deposited into the state’s General Fund and to the Citizen’s Election Fund.

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