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Louisiana Unclaimed Property: More than $900 million unclaimed funds available for residents

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Louisiana Unclaimed Property: More than 0 million unclaimed funds available for residents


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The Louisiana State Treasurer’s Office currently holds over $900 million worth of unclaimed funds for current and former Louisiana residents.

Louisiana’s Department of Treasury set a record this year by returning $70.6 million worth in unclaimed property to over 160,000 Louisiana residents.

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One in six Louisiana residents are said to have unclaimed property.

How to find out if you have unclaimed property in Louisiana:

Unclaimed property is comprised of abandoned financial assets, such as account balances, outstanding checks and other financial instruments, that are held at corporations, financial institutions, life insurance companies and other various institutions.

Unpaid life insurance benefits, forgotten bank accounts, uncashed payroll checks, stock dividends and utility deposit refunds are common types of unclaimed property. Real Estate and vehicles are not considered unclaimed property.

In Louisiana, the average amount of a check issued from unclaimed property is $900, however, some parishes have more unclaimed property than others. To receive a check for unclaimed property, a claim must be filed on the official Louisiana Unclaimed Property website.

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The first step to claiming property is to search for the property on Louisiana’s Unclaimed Property website, by entering a name, or name of a business, then one will be able to see search results and find properties. Once the property is found, continue to file a claim and begin the claiming process.

In the claiming process, select the relationship to each property and then enter required personal information. After submitting the claim, the claims office will send an email with further instruction. After completing the necessary steps, one can track the claim’s progress online.

How does Louisiana treasury unclaimed money work?

When checks remain un-cashed, or accounts go dormant, and companies are unable to contact the owner, the funds are transferred to the Treasurer’s Office for safekeeping.

The Treasurer’s Office acts as the vault for the state, holding lost funds until they are claimed by either the original owners, heirs or legal representatives. The Treasurer’s Office holds these funds until they are claimed, no matter the amount of time that has passed.

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Each year, businesses render millions of dollars in unclaimed cash, stocks, bonds, securities and insurance proceeds to the Department of Treasury. These unclaimed property funds may be lost through the course of business, typically caused by a bad address. The state’s Department of Treasury is legally required to preserve funds in safekeeping, despite how long it may take for the rightful owner to come forward.

The institution holding potential unclaimed property will initiate contact with the owner and establish activity through online login, written correspondence, withdrawal, deposit or update to personal information. If activity is not produced, the assets are reported to the state of the owner’s last know address.

Laws regarding unclaimed property began in the U.S. as a consumer protection program. Now, these laws have evolved to protect not only the property owners, but their heirs and estates as well.

Once the state is given custody of property, and it enters the unclaimed property program, efforts to reach the property’s rightful recipient begin via mailings, social media, advertisements and local media coverage. Individuals can claim their property for themselves, their businesses or as an heir.

In 2018, the Department of Treasury partnered with the Louisiana Department of Revenue in order to pass legislation that allows the departments’ agencies to share databases. This allowed the Department of Treasury to increase the number of checks issued by nearly 500% and decreased the administrative cost of issuing each check by 80%.

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3 Louisiana festivals among best in the US. Why they’re special here

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3 Louisiana festivals among best in the US. Why they’re special here


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Louisiana is often referred to as the “Festival Capital of the World,” earning this title because of the hundreds of festivals that take place annually throughout the state.

More than 400 festivals take place each year in Louisiana, ranging from cultural and food celebrations to music and seasonal events.

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Three festivals, Rougarou Fest, Jazz Fest and Beignet Fest, were named among the top 10 festivals in various categories by USA Today.

Rougarou Fest in Houma named on USA Today’s 10Best Cultural Festivals

Rougarou Fest in Houma was named by USA Today’s 10Best Reader’s Choice Awards as the seventh best cultural festival.

Rougarou Fest is a free, family-friendly festival that celebrates the rich folklore of Southeast Louisiana. The Rougarou is a folklore creature that’s described as having the head of a wolf or dog and the body of a human, like a werewolf. Stories of the Rougarou have been used by Cajun parents for generations to get children to behave.

The event, which takes place at 86 Valhi Blvd. in Houma, showcases live music, cultural activities, children’s activities, Cajun food, the Krewe Ga Rou parade and more. This year, the festival will take place from Oct. 23 to Oct. 25.

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Here are the 10 best cultural festivals in the U.S. according to USA Today:

  1. Fiestas de la Calle San Sebastián (San Juan, Puerto Rico)
  2. Black Wall Street Rally (Tulsa, Oklahoma)
  3. Dublin Irish Festival (Dublin, Ohio)
  4. Fyr Bal Festival (Ephraim, Wisconsin)
  5. Anchorage Fur Rendezvous (Anchorage, Alaska)
  6. Black Food Truck Festival (Charleston, South Carolina)
  7. Rougarou Fest (Houma, Louisiana)
  8. World Food & Music Festival (Des Moines, Iowa)
  9. Celebrate Nashville Cultural Festival (Nashville, Tennessee)
  10. Celtic Music and Heritage Festival (St. Augustine, Florida)

New Orleans Jazz & Heritage Festival named among 10 best music festivals by USA Today

The New Orleans Jazz & Heritage Festival, also known as Jazz Fest, was named the seventh best music festival on USA Today’s 10Best Reader’s Choice Awards.

This festival is a legendary celebration of music, featuring some of the biggest names in music, with this year’s lineup featuring the Eagles, Stevie Nicks, Rod Stewart, Kings of Leon, Lorde, Tyler Childers and Earth, Wind and Fire, just to name a few.

The festival also puts the spotlight on local legends in the genres of jazz, blues, gospel, rock, R&B and Zydeco. This event is a great way for attendees to experience the rich musical heritage of New Orleans.

This year, the festival takes place on two separate weekends, from April 23 until May 3. In addition to music, there will also be authentic Louisiana cuisine, artisan crafts and cultural displays.

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These are the 10 best music festivals in the U.S. according to USA Today:

  1. Musikfest (Bethlehem, Pennsylvania)
  2. Mile 0 Fest (Key West, Florida)
  3. Joshua Tree Music Festival (Joshua Tree, California)
  4. Festival Napa Valley (Napa, California)
  5. Bristol Rhythm & Roots Reunion (Bristol, Tennessee and Bristol, Virginia)
  6. Summerfest (Milwaukee, Wisconsin)
  7. New Orleans Jazz & Heritage Festival (New Orleans, Louisiana)
  8. Waterfront Blues Festival (Portland, Oregon)
  9. Lollapalooza (Chicago, Illinois)
  10. Ohana Festival (Dana Point, California)

Beignet Fest in New Orleans among best specialty food festivals according to USA Today’s 10Best

Beignet Fest in New Orleans was named the eighth best specialty food festival by USA Today’s 10Best Reader’s Choice Awards.

This festival celebrates the food culture of New Orleans, especially beignets. Along with traditional beignets covered in a delicious heaping of powdered sugar, attendees can try specialty beignets stuffed with crawfish, gumbo and candied sweet potatoes.

This year, the festival will take place on Nov. 7 from 10 a.m. until 6 p.m. at the New Orleans City Park Festival Grounds.

Here are the 10 best specialty food festivals according to USA Today:

  1. Delta Hot Tamale Festival (Greenville, Mississippi)
  2. Maine Whoopie Pie Festival (Dover-Foxcroft, Maine)
  3. Picklesburgh (Pittsburgh, Pennsylvania)
  4. Cheese Curd Festival (Ellsworth, Wisconsin)
  5. National Buffalo Wing Festival (Buffalo, New York)
  6. National Shrimp Festival (Gulf Shores, Alabama)
  7. Oregon Chocolate Festival (Ashland, Oregon)
  8. Beignet Fest (New Orleans, Louisiana)
  9. Kauai Poke Fest (Koloa, Hawaii)
  10. Drinks With Benefits (New York City, New York)

Presley Bo Tyler is a reporter for the Louisiana Deep South Connect Team for USA Today. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com



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Louisiana considers opening recreational alligator hunting season

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Louisiana considers opening recreational alligator hunting season


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  • Louisiana lawmakers are considering a bill to create a recreational alligator hunting season.
  • The proposed season would be open to 5,000 lottery-selected hunters annually, with a two-gator limit.
  • Louisiana’s wild alligator population has grown to over 2 million, a significant conservation success.
  • Recreational hunters would be limited to using a hook and line from land.

Louisiana may expand its wild alligator harvesting opportunities to recreational hunters if the Legislature passes a bill that secured unanimous approval in a committee hearing March 11.

Franklin state Sen. Robert Allain’s Senate Bill 244 would authorize the Louisiana Wildlife Commission to create a recreational season that would be open to 5,000 hunters annually, each with a two-gator limit.

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The state already has a commercial hunting season for alligators, which is chronicled in the popular “Swamp People” TV reality series.

“We think the time is right,” Louisiana Department of Wildlife and Fisheries Secretary Tyler Bosworth testified during the Senate Natural Resources Committee hearing. “We want to provide a recreational opportunity for the common folk of Louisiana.”

Louisiana’s alligator population has exploded in the past 50 years from fewer than 100,000 to more than 3 million today. Of those, about 2 million are wild with another 1 million farmed.

That’s at least twice the population in Florida, the state with the second most number of alligators.

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And their Louisiana numbers have grown throughout the state where they can be commonly spotted from Lake Martin in Breaux Bridge to Caddo and Cross lakes in Shreveport to Caldwell Parish in northeastern Louisiana.

“This is a conservation success story on the highest level,” LDWF general counsel Garrett Cole said during the hearing. “This would create a true recreational opportunity outside our commercial season.”

Garrett said hunters would compete for hunting tags through a lottery will statewide opportunities. Recreational hunters would be limited to hook and line harvesting from land. No gators could be taken by boat as commercial hunters are allowed to do.

If approved, the first season could take place beginning Oct. 1.

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Greg Hilburn covers state politics for the USA TODAY Network of Louisiana. Follow him on Twitter @GregHilburn1.



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How a sinkhole caused a whirlpool and formed Louisiana’s deepest lake

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How a sinkhole caused a whirlpool and formed Louisiana’s deepest lake


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While Louisiana’s largest lake, the Toledo Bend Reservoir, spans 1,200 miles of shoreline, the state’s deepest lake only spans 1,125 acres.

Lake Peigneur is the deepest lake in Louisiana, with a depth measuring approximately 200 feet.

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Lake Peigneur is a brackish lake, meaning it contains saltwater but has less salinity than seawater, located in New Iberia Parish in South Louisiana.

How did Lake Peigneur become the deepest lake in Louisiana?

Lake Peigneur was not always considered the deepest lake in Louisiana, as it was only a 10-foot-deep freshwater lake 40 years ago.

On Nov. 20, 1980, an oil rig crew was attempting to free a 14-inch drill bit when they heard popping noises and the rig began to tilt. Shortly after the crew abandoned the rig and headed for shore, the crew watched the 150-foot oil rig disappear into the 10-foot-deep lake.

Soon, a whirlpool formed in place of the oil rig. The whirlpool grew rapidly until it was able to suck up nearby boats, barges, trees, a house and half an island.

At the same location of the oil drilling site, there was also a salt mine, and when the whirlpool formed after the oil rig collapsed, the mine began to fill with water. As the whirlpool grew, water was able to enter the mine at such a force that it caused a geyser to spew out of the mine’s opening for hours until the lake was drained.

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After the lake was emptied, the Delcambre Canal began to flow backward, marking the only time in history that the Gulf of Mexico flowed into the continental U.S. This backflow continued until the entire mine and lake were filled with water, except now the lake was filled with saltwater, according to an article published on Louisiana Tech Digital Commons.

Can you swim in Lake Peigneur?

Before the oil rig and salt mine accident, Lake Peigneur was a popular spot for fishing and recreational activities. However, since the lake is almost entirely surrounded by private property, visitors will have to enter the nearby Rip Van Winkle Gardens in order to get a closer look, according to Atlas Obscura.

While there are no reports indicating the lake is unsafe, the lake is not exactly developed for public access. However, there are things to do around Lake Peigneur, like visiting Rip Van Winkle Gardens on Jefferson Island, or visiting Avery Island to tour the Tabasco Factory.

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Presley Bo Tyler is a reporter for the Louisiana Deep South Connect Team for USA Today. Find her on X @PresleyTyler02 and email at PTyler@Gannett.com



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