Louisiana sets record with $70.9M in unclaimed property returned

(The Center Square) – Louisiana returned a record $70.9 million in unclaimed property to residents, businesses and other rightful owners during fiscal year 2026, the highest annual total in the state’s history, according to State Treasurer John Fleming.

The total surpassed the previous record by about $700,000 and exceeded last year’s amount by $1.6 million, according to the Louisiana State Treasurer’s Office.

Fleming credited the milestone to the efforts of the office’s Unclaimed Property Division.

“This new record total is an outstanding testament to the tireless efforts of our staff members in the Unclaimed Property division, led by our exceptional director, Kathleen Lobell,” Fleming said in a statement.

Despite the record payouts, the state is still holding approximately $1.2 billion in unclaimed property awaiting its rightful owners.

According to the Treasurer’s Office, roughly 1 in 6 Louisiana residents has unclaimed property, with the average claim valued at about $900...