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4 Ways to Get Free Money From The Government
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Image Courtesy of BMM
TLDR (Too Long Didn’t Read)
Getting Small Business Grants: The government has billions to give away, and almost any money-making activity qualifies. Register your business, get a free tax ID, and apply.
Unclaimed Money: Billions in forgotten cash are waiting for you. Search "unclaimed property" + your state to find old accounts, deposits, or inheritances—average payouts are around $900.
Tax Benefits: Use tax write-offs and credits to put more money in your pocket. Expenses like phones, laptops, and home office costs can all be deducted.
Government Contracts: The government is required to give contracts to small businesses. Register your business, get certified if needed, and start bidding. Contracts range from thousands to millions.
4 Ways to Get Government Money That Most People Don't Know About
Most people are sleeping on legitimate opportunities to get money from the government.
Many assume that if there’s free government money out there, it must be a scam or a paperwork nightmare.
However, the truth is much more encouraging: there are real, tangible ways to receive financial support from federal, state, and local programs.
But countless individuals miss out on valuable funds that could help their business or just help pay the bills.
Here's your guide to four actual ways to get paid by the government that most people don't ever use.
Getting Small Business Grants
Think you need a fancy degree or a suit and tie to get business grants? Think again.
The government is literally sitting on billions of dollars they NEED to give away to small businesses.
Here's the real deal: If you're making money doing anything - whether that's selling products, providing services, or creating content - you could qualify for grants ranging from $5,000 to $50,000.
The move is simple: Register your business (costs about $200-300), get your free tax ID number from the IRS, and start applying for grants that match your situation.
What type of business qualifies? The government considers almost any money-making activity a potential business. This includes:
Selling products online? That's a business. Creating content on social media? That counts. Providing any kind of service, from landscaping to consulting? Absolutely qualifies. Even if you're just starting out, you can position yourself for grants - you just need to structure things the right way.
Now let’s be straight about the numbers: For general small business grants, you might be looking at a 10-20% success rate.
But here's where it gets interesting - if you qualify for specific categories, your odds can jump dramatically. For example, grants specifically for minority-owned businesses often see success rates of 30-40% because fewer people apply.
Unclaimed Money Waiting to Be Found
This next one is literally free money sitting there with your name on it.
No joke - the government is holding onto billions in unclaimed cash from old accounts, forgotten deposits, and paychecks that never got cashed.
We're talking about serious money here - the average person who finds something gets about $900, but plenty of people find thousands.
The best part? You can search for this money right now, from your phone, for free.
You can find lost money that's owed to you by googling the state(s) you've lived in + the words "unclaimed property," and the first website that pops up with a ".gov" in the link will be the government website where you can go find and claim any money.
People find money from accounts they forgot about, insurance policies they never knew existed, and even inheritances they didn't know they had. It's like a treasure hunt where the prize is actual cash.
Tax Benefits That Actually Put Money in Your Pocket
Listen, nobody gets excited about taxes, but smart players know how to make the tax game work for them. If you're making money on your own - whether through side hustles, social media, or any kind of independent work - you're probably leaving money on the table.
Here's what they don't tell you: Almost everything you use to make money can be a tax write-off.
Your phone bill? Write-off. That new laptop? Write-off. Even part of your rent or mortgage if you work from home.
But the real money comes from tax credits - we're talking about the government literally paying you through programs like the Earned Income Tax Credit. Some people get thousands back just by knowing how to file correctly.
Government Contracts Are The Long Money Play
This is where the serious money is, but most people never even try because they think it's too complicated.
Here's the truth: The government is required by law to give a certain percentage of their contracts to small businesses.
We're not talking about pocket change - these contracts can range from a few thousand to millions of dollars.
The process is straightforward: Register your business with the government's contracting system (it's free), get certified if you qualify for any special categories (like being a minority-owned business), and start bidding on contracts.
Start small with local government contracts or subcontracting opportunities. Once you build a track record, you can go after bigger deals.
The BMM Takeaway
Here's the bottom line: None of these methods will make you rich overnight, but they're all legitimate ways to get government money that most people don't know about.
The key is to start with one method, master it, and then expand.
Maybe you start by checking for unclaimed money, use that to register your business, then go after grants while setting yourself up for government contracts.
Remember, the government has to give this money to somebody. The only question is whether it's going to be you or someone else. While most people are working harder at their regular jobs, you could be working smarter by tapping into these programs that already exist.