This money is part of a pool of unclaimed funds, and this money can come from a wide variety of places. Generally speaking, you find unclaimed funds through insurance rebates, inheritance, and things of that nature.
Though every so often, you may also find that the government owes you money. For instance, in 2022, during the COVID pandemic, the government started sending out stimulus checks to every American over 18 years of age, and even to millions of undocumented immigrants.
In total, there were three separate rounds of stimulus, but the government estimates that only around half of Americans got all three rounds of checks. This means there are over one hundred million people in America who have an outstanding stimulus check owed, according to some estimates. Are you owed money?
You may very well have a check of $800 to $1,200 just waiting for you. It's your money, 100%; there are no games or gimmicks here.
The only reason the American people didn't run Congress out of town with torches when they spent many trillions of dollars is that Congress promised stimulus money directly to the American people.
However, if you didn't have any sort of tax account or direct deposit set up with the government, then you had to apply and give the IRS your information.
As you might imagine, many millions of Americans did not do this. Many were unaware. Not everyone watches mainstream media, and some people live in rural areas where they don't really have a good grasp of current events.
If you have not received all of your stimulus money, then the government technically owes it to you.
Yes, it is your money. You are entitled to this money, and the government has been letting people know that they may be owed money. The IRS has recently sent out over 9 million letters to Americans, telling them that they may still be owed some stimulus money.
Be Careful When Giving Your Information
Why would the IRS be sending people letters, or soliciting visitors to their website, instead of just sending out checks to people who haven't received them? Well, the government tried this with the first round of stimulus checks, and it was a complete disaster.
They gave out millions upon millions of checks to people who have been dead for years, and many checks to people who shouldn't have received them because they earned too much money and did not require help.
The backlash here was quick, and so by the time round number two hit, the IRS was only sending checks to people they could prove were alive through tax returns. This left everyone else having to submit their information directly to the IRS.
This is where you will have to be very careful. Scammers are perfectly aware that the government is handing over a lot of money, and also that people are desperate for money, and so you may find some scam letter trying to get your financial information.
Of course, these activities are illegal, but criminals don't really seem to care about the law. They're going to send these letters out anyway, and they're going to start doing spam calls.
The idea is to convince you that you're owed money, after which they will ask for your bank details to transfer the funds. This is when they step in and steal everything you have.
The safest way to handle this here is to go to the IRS official DotGov website. You'll know it's their official site by the address.
If you do get a letter saying that you may be owed money, make sure it's an official letter. Call the number provided to you in the letter. You do not want to risk having your money stolen here. It's very unfortunate, but there are a whole lot of different scammers out there looking to take advantage of needy people who cannot afford their bills.
For a lot of people, this is more trouble than it's worth. They don't want to deal with the IRS, which is a perfectly understandable position. Though if you really need the money, visit the official IRS website and see if you're up to date on your stimulus checks. You may have some unclaimed funds waiting.
