(Part 1 of 2)

Most people know Tennessee for its country music and world famous barbecue, but the state is also home to one lesser-known treasure – unclaimed money. In fact the TN Treasury Dept. adds tens of millions of dollars in Tennessee Unclaimed Money to its rolls each year, and only a fraction of it ever gets reunited with the rightful owners. In turn, this heap of cash gets bigger and bigger each year.

The TN Treasury Dept. %took in% approximately $40 million in unclaimed money in 2006 alone, and only returned $20 million to the rightful owners. This means that another $20 million was thrown on top of the already swollen heap of cash that continues to be unclaimed. This trend of returning only a fraction of what the state takes in is consistent across the country because of a lack of education about these funds. The fact is, most citizens are just unaware of the tens of billions out there waiting to be found.

(to be continued)

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