Texas unclaimed money totals reach $622 million statewide: Millions could get free money as state uncovers $622 million in unclaimed cash — check now

Millions of Americans may be sitting on forgotten cash, and Texas officials are urging residents to check now. The Texas Comptroller of Public Accounts has confirmed that more than $622 million in unclaimed funds is currently available to be returned to rightful owners across the state. These funds are part of a much larger pool—$10.5 billion in total unclaimed property—held on behalf of Texans.

The money does not belong to the government. It belongs to individuals, families, and businesses who lost track of financial assets over time. According to state data, around 5.7 million people are owed money in Texas alone. Many claims are small, but some run into hundreds or even thousands of dollars.

Unclaimed property can include forgotten bank deposits, uncashed checks, utility refunds, insurance payouts, mineral royalties, and apartment security deposits. State officials say life changes such as moving, changing names, or the death of a family member often cause assets to go unclaimed.
Data shows that roughly 1 in 4 Texans has unclaimed property waiting for them. This means millions of households are currently missing out on funds that could help pay bills or boost savings. Many residents assume they don’t have forgotten money because they have never owned stocks or complex investments. However, most claims are for simple items like a final paycheck from a high school job or a refund from a forgotten utility provider.

The state currently manages accounts for over 5.7 million people. Because there is no deadline to claim these funds, the list of names grows every year.

Comptroller Kelly Hancock says even modest claims can matter, especially during the holiday season. With inflation and household costs still high, reclaiming owed money can provide real financial relief. The state has made the process free, secure, and fully online, and officials stress there is no deadline to claim what is rightfully yours.
The state provides a centralized digital portal where anyone can enter their name to see if they have a match. You do not need to hire a professional “finder” to get your money back. In fact, officials warn against services that charge a percentage of your claim, as the state provides the same service for zero cost.To start a search, you simply need a last name. If a match appears, you will likely need to provide your Social Security number or proof of a previous address to verify your identity. The system is designed to handle everything from small $50 utility refunds to large inheritance payouts. Most claims are processed digitally, making it one of the easiest ways for Texans to find “free” money that already belongs to them.

How much unclaimed property is waiting for Texans?

Texas is holding $10.5 billion in unclaimed property, one of the largest totals nationwide. From this pool, $622 million is currently being highlighted for active claims under a statewide awareness effort aimed at returning money to residents faster.

State data shows these funds are spread across millions of individual claims, often linked to routine financial activity. Examples include forgotten payroll checks, inactive savings accounts, insurance proceeds, and rental security deposits. Many claims are modest, but some stretch into the thousands.

Importantly, there is no expiration date on unclaimed property in Texas. Even assets left behind decades ago remain protected by the state until the rightful owner or legal heir submits a valid claim. Officials stress the program exists solely to reunite people with their money, not to raise government revenue.

What does Comptroller Kelly Hancock say about the unclaimed money?

Texas Comptroller Kelly Hancock has been actively urging residents to search the state database, saying unclaimed property is far more common than most people realize. She notes that families often assume small balances are not worth checking, when in fact they can add up.

Hancock has shared that even her own family uncovered forgotten funds, including an old apartment deposit tied to a college rental. She says these discoveries show how easily money can slip through the cracks during moves, job changes, or life transitions.

According to the Comptroller’s office, the holiday season is an especially good time to search. People tend to have more downtime and better access to family paperwork, which can make it easier to verify claims and submit documents.

How can you claim unclaimed property in Texas?

All claims are processed through the official state portal, ClaimItTexas.gov. The website allows users to search by current or former names, including maiden names, as well as by the names of deceased relatives.

When a potential match appears, the system walks claimants through the next steps. This may include uploading identification, proof of address, or documentation showing a legal relationship to the property owner. The process is handled directly by the state.

There is no cost to search or file a claim, and the Comptroller’s office warns residents to avoid private companies that charge a fee or take a percentage of recovered funds. The state-run system is secure, verified, and designed for public use.

FAQs:

Q: Who can claim money from Texas’s $622 million in unclaimed property? A: Any individual, family, or business with unclaimed assets reported in Texas may file a claim. State data shows about 5.7 million people are owed money. Claims may include old paychecks, deposits, or refunds. There is no deadline, and funds remain available until claimed.

Q: How do Texans check and recover unclaimed property?

A: Claims are filed through the official state website, ClaimItTexas.gov. Users search by name, including former or family names. Verification documents may be required. The process is free, state-managed, and typically completed once ownership is confirmed.