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Free money is something we all wish we had more of, and winning the lottery is a dream that most of us share...unless you've watched one of those specials about how winning the lottery has changed the lives of the winners for the worse! Of course, you could have watched those specials and thought, "Well, if I won the lotto, then I wouldn't make those same mistakes." But you just never know, do you? However, that is neither here nor there, because there are other ways to get free money that have nothing to do with winning a state-run lottery. Getting free money online does, however, involve the state you live in, or any of the states you may have lived in previously, and this article will help you figure out how all of that works! Where does the free money held by the government come from? The free money that we are talking about is money that is rightfully owed to you and belongs to you, but somehow got lost in the shuffle throughout the years. There is more than $33 billion of unclaimed assets sitting in state treasuries, and there is a chance that a portion of that money belongs to you. Unclaimed assets are accounts that have been inactive for at least a year, but this inactivity period varies from state to state. An account may need to be inactive for up to three years before it is turned over to the state. Regardless of the length of inactivity per state, assets that are considered dormant are turned over to that state's treasury, and can include checking and savings accounts, insurance claims, payroll checks, stocks, utility deposits and more. The state then holds those assets until the rightful owner is found or steps forward to claim their free money. How do assets become dormant? You might be wondering how you could let any of your assets go unclaimed. How can someone not know that there may be money lying around that belongs to them? It happens more often than you would think! For instance, it could have happened because you moved and didn't remember that you put down a deposit for utilities at your old place, or you could have had a relative pass away who left behind a savings account that they forgot to mention in their will. These are just two examples among many that explain why there may be assets in your name out there without your knowledge. There are many reasons why there could be a sum of money that you're not aware of out there, just waiting for you to claim it. Now my wheels are turning...how do I claim my money? If you think it is possible that you may have money out there that belongs to you but that you didn't previously know about, there are several ways to claim it. Some people hire bounty hunters to track down their money for them, but you don't have to go to such extreme measures, especially if the sum of money you think you're entitled to might be relatively small. Also, you do not have to pay anyone or use any service that charges in order to find out if you are entitled to unclaimed funds. There are some services that will try to charge an upfront fee, but just tell them, "No, thanks." All you need to do is go to a website like MissingMoney.com and search your name. If your state isn't listed on that site, you can go to your state's treasury homepage and look for
search instructions. Finding out if you have free money waiting for you is as easy as typing your name! If you do find that you have money waiting for you, you will have to file claim papers.
About this Author With this advice there's no reason for you to waste your time wondering about how to claim free money. Start taking action today!
Article Source: http://EzineArticles.com/?expert=Yuliya_Polovinchik
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