More than 2.3 million payments, representing over $4.2 billion, is on its way to select Americans.
More than 2.3 million new stimulus checks have been sent, representing over $4.2 billion in payments to Americans, the US government announced on Wednesday.
In this round, 1.1 million of the new checks—with a value of more than $2.5 billion—were “plus-up” payments. That includes new or larger payments due to individuals and families after their 2020 tax returns have been processed.
Additionally, more than 900,000 checks—worth about $1.9 billion—went to individuals who recently filed their tax returns with the IRS, but did not previously have their information on record.
This latest round of payments includes more than 1.2 million direct deposit payments, while the rest were sent via paper checks.
In total, more than 169 million payments worth about $395 billion have been issued since Congress passed the American Rescue Plan Act in March.