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$9.2M jackpot awaits R.I. County residents
Posted Online: Nov. 06, 2009, 8:41 pm
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By Lindsay Hocker, lhocker@qconline.com
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ROCKISLAND-- Illinois has $9.2 million that belongs to Rock Island County residents, and officials want to give it back. More than 100 people stopped at theIllinois state treasurer's booth at the senior health fair held at St. Anthony's Continuing Care Center in RockIsland on Friday. There, Steve Klokkenga, outreach coordinator for the treasurer's office, did online searches for people on the state's unclaimed property database. "We do this all year long,"Mr. Klokkenga said. He said having booths at events helps people who might not have access to the Internet or who are intimidated by paperwork discover their unclaimed assets. Examples of unclaimed property, the treasurer reports, are abandoned savings and checking accounts, stocks, bonds, mutual funds and paid-up life insurance policies. Barb Acuff, of Rock Island, who is a volunteer with the Western Illinois Area Agency on Aging and has met Mr. Klokkenga before, stopped by the booth to say "hi." She joked that she has told him to find her some money, but he hasn't yet. In response, Mr. Klokkenga ran her name through the system, and then began asking her for the names of relatives when he came up with nothing. To Ms. Acuff's surprise, the name of her stepfather, who passed away in the late '80s, was listed as having money coming in the range of $10 to $100. She said she didn't expect to find money under that name, and she filled out the paperwork for her claim. Anyone wishing to see if they have money waiting for them can check online at www.cashdash.net. Some are entitled to the unclaimed assets of deceased relatives. To check names with addresses not in Illinois, go toThe National Association of Unclaimed Property Administrators' site, www.naupa.org. The average claim is generally $10 to $500, Mr. Klokkenga said. Other people are united with thousands of dollars, or even more. An Evanston woman received $1.2 million in spring '08, and a Southern Illinois man received $1 million last fall. Mr. Klokkenga said $81.9 million was returned to more than 35,000 claimants in 2008, and a record amount of $92 million was returned to more than 49,000 claimants in 2007. According to a press release, the treasurer's office currently has $1.4 billion in unclaimed property for 10.2 million residents and businesses. 
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