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DES MOINES, Iowa (KCCI) — From forgotten bank accounts to long-lost memorabilia, the State Treasurer of Iowa’s Office returned a record-breaking $38.2 million in unclaimed property to Iowans during Fiscal Year 2026, with officials saying more people are discovering money and valuables they never knew they had.
In FY26, the state processed 53,194 claims, which is an increase of 8,302 from the previous year. The total value of the claims beat previous records by more than $8.4 million.
“Great Iowa Treasure Hunt is about more than dollars and cents,” said Roby Smith, the state treasurer of Iowa. “Every claim represents a family, a business, or an individual being reunited with money or property they may not have even known that was missing.
When asked what caused such a drastic change, Smith said it’s mainly thanks to efforts in spreading the word, the people helping to get the word out.
The office showed some memorabilia items in safekeeping, including baseball cards, trading cards, autographs and basketball cards, and an unauthenticated signed baseball from the Cincinnati Reds.
“These items belong to real Iowans and their heirs. And we’ve committed to finding the rightful owners and returning these one-of-a-kind keepsakes,” Smith said.
Smith acknowledged that many believe the treasure hunt to be a scam, but reassures Iowans that the best way to verify if you have property items missing is to search your name on the Great Iowa Treasure Hunt website.
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