Looking for some extra cash? You might be in luck. Colorado State Treasurer Dave Young is reaching out to Coloradans to check if they're owed a slice of over $2 billion in unclaimed property. This initiative aligns with National Unclaimed Property Day, which Colorado is marking on February 1. According to the Colorado Department of the Treasury, the "Great Colorado Payback" wants to reconnect folks with their missing checks, uncashed wages, and other lost assets.
"With rising prices for groceries and other essentials, a lot of us are looking for extra cash these days," Treasurer Young stated, as per the Colorado Department of the Treasury, noting that missing money may be right under your nose. To claim what could be yours, Young is nudging everyone to utilize the state program, where forgotten money is just waiting to be claimed.
It's not chicken feed either. In 2024, Colorado returned a hefty $78 million in assets, processing some 75,000 claims. These assets come from various sources, including companies that have lost touch with the rightful owners, which range from individual citizens to schools and nonprofit organizations. Appreciating the need for efficiency, the Colorado Department of the Treasury's unclaimed property division has made tweaks to its system, now green-lighting certain claims to be processed automatically, without the rigmarole of extra paperwork.
To dig into whether you have money collecting dust, the state has set up a website, GreatCOPayback.com, where searches for unclaimed assets can be conducted. At last check, the digital vault holds north of $2 billion, inspiring Governor Jared Polis alongside Treasurer Young to push the call for Coloradans to reconnect with what's rightfully theirs. So if pinched pockets have you counting pennies, a quick online detour might prove lucrative.
