Louisiana Father Receives Record $320,000 Unclaimed Property Check

A Louisiana man has made headlines after receiving the state’s largest unclaimed property check in history. On February 6, 2026, James Willet, a 62-year-old resident, was presented with a check exceeding $320,000 at a ceremony held by the Logansport Chamber of Commerce. This significant event was officiated by John Fleming, the Louisiana State Treasurer, who confirmed that Willet was the rightful owner of these previously unclaimed funds.

In addition to the substantial check awarded to Willet, he also received a second check for nearly $80,000, designated for a trust benefiting his son. Fleming noted the occasion’s importance, stating that this was the largest unclaimed property check ever issued by the Louisiana State Treasury.

During his address at the Chamber of Commerce, Fleming highlighted the success of Louisiana’s unclaimed property program. Businesses across the state are required to transfer dormant funds, such as insurance proceeds and uncashed payroll checks, to the state government annually. These funds can accumulate over time, often resulting in significant sums for individuals who claim them.

Willet’s windfall likely stems from a combination of unclaimed payroll checks, royalties, and interest payments linked to accounts issued in his name. According to Fleming, Louisiana currently has over $1.2 billion in unclaimed property waiting for residents to claim.

“One in six individuals in Louisiana has unclaimed property, with claims averaging $900,” Fleming said, emphasizing the need for residents to check their eligibility for potential funds. He urged citizens to visit the state’s official website, UnclaimedProperty.LA.gov, where nearly $900,000 has already been returned to residents.

Willet, a Shreveport native, manages Gators and Friends, an alligator park and exotic animal zoo located in Greenwood. He established the attraction with his wife, Olga, in 2006. Following the presentation, Willet appeared unfazed by the large sum he received, showcasing a humble demeanor in light of his newfound fortune.

The Louisiana Unclaimed Property program operates under escheat laws, which aim to protect consumers by ensuring that unclaimed assets are held in custody until the rightful owner or heir can claim them. With individual states overseeing these funds, substantial amounts can accumulate, benefiting those who are proactive in seeking their entitlements.

This remarkable event underscores the importance of awareness around unclaimed property, as many individuals may be unaware of funds owed to them. The state treasury’s efforts continue to encourage residents to engage with this program, paving the way for more success stories like that of James Willet.