AUGUSTA – It was a record-breaking year for the state of Maine’s Unclaimed Property Program, with the state treasury paying out more than $18.5 million to Maine residents in the 2018 fiscal year.
Specialists processed nearly 44,000 claims ranging from less than $10 to some worth more than $750,000.
Unclaimed property consists of money or other assets that are considered abandoned if the owner can’t be found.
Despite the record numbers, there is still more than $238 million in unclaimed property.
The state treasurer said it is easy to find out if it belongs to you.
“There’s no fee for this service. We don’t keep a portion of the money. If we’re able to validate that you are the rightful owner, we will pay you the entire value of the property that we have in your name,” State Treasurer Terry Hayes said.
“If they’re ever on a website or talking with someone on the phone that wants money or a credit card in order to help them, they’re not in the right place,” she said.
To see if you have any unclaimed property, visit maine.gov/upsearch.