Tennessee Treasury returns record $125M in unclaimed property

The Tennessee Department of Treasury’s Unclaimed Property Division returned a record $125 million of missing cash money to the rightful owners or their heirs during fiscal year 2025. This milestone is double the $62.5 million paid out last year and exceeds the previous record of $68.7 million by more than 80%. The Division also processed an unprecedented number of individual claims. From July 1, 2024, to June 30, 2025, over 168,000 claims were paid, more than doubling the previous high of 78,305 in FY 2024. Tennesseans are encouraged to check if they have unclaimed property online at ClaimItTN.gov. If property is found, the owner can file a claim on the spot. About 70% of claims are paid in as little as two weeks, on average.