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$575 million in cash waiting to be claimed - how to check if some is yours

Aussies just need to do one simple online check to see if they can score the cash.

Millions of dollars in unpaid money is waiting to be claimed by Aussies, with households being urged to check if they can get a Christmas cash boost.

Revenue NSW is currently holding $575 million in unclaimed money for residents in the state, including unclaimed refunds, share dividends, uncashed cheques and trust account funds.

Unclaimed money is cash that is owed to people who can’t be located. That could be because you’ve changed your name or address, lost paperwork or it has simply been forgotten about. Revenue NSW is urging Aussies to do a simple online check to see if they are owed a share of the cash.

Australian Money/Cash
Aussies just need to do a quick online search to see if they are entitled to a share of the cash. (Source: Getty)

Do you have a story to share? Contact tamika.seeto@yahooinc.com

“There is unprecedented pressure on NSW households juggling rate rises, increasing rents and expensive groceries,” a Revenue NSW spokesperson told Yahoo Finance.

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“Claiming part of the $575 million of unclaimed money could be a welcome boost for the family budget over the holidays. Revenue NSW wants to get this money back into the hands of its owners.”

Aussies could be owed a share of hundreds or even thousands of dollars in unclaimed cash, with $667,000 the most amount of money owed to an individual.

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How to check for unclaimed money

To search for unclaimed money, you can visit the Revenue NSW website and click ‘search for unclaimed money’.

Revenue NSW doesn’t charge any fees to make a claim. You will need to have documents at hand to verify you are the rightful owner of the money.

Not in NSW? Aussies across Australia can check for unclaimed money through the following websites:

Top areas owed cash

NSW Revenue has also shared with Yahoo Finance the top areas where residents are owed money.

Top 5 metro areas

  1. Sydney City and Inner South - $39,742,117

  2. North Sydney and Hornsby - $25,485,949

  3. Inner South West - $17,746,750

  4. Eastern Suburbs - $17,187,600

  5. Inner West - $12,800,655

Top 5 regional areas

  1. Newcastle and Lake Macquarie - $7,245,020

  2. Illawarra - $5,909,118

  3. Capital Region - $4,413,329

  4. Central West - $4,365,755

  5. New England and North West - $3,958,815

Top 5 claims

  1. Unpresented cheques - $55,500,387

  2. Payment and overpayment - $55,020,333

  3. Dividend payment - $32,088,699

  4. Trust fund and trust account - $30,365,285

  5. Unclaimed deposit - $14,158,577

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