Fortune poll: How many Americans are still waiting for their coronavirus stimulus checks

Bank review, current USBR score and consumer report

Stimulus checks were suppose to give Americans some financial cushion as shutdowns linger on, but as May bills come due, over half of the nation hasn’t received a check.

Only 41% of U.S. adults say they’ve received a stimulus check, finds a Fortune-SurveyMonkey poll of 4,717 U.S. adults* between April. 25-28. Another 56% they have not received a check—which can be worth as much as $1,200 for individuals or $2,400 for married couples, plus $500 for each qualifying child.

On Friday the the Internal Revenue Service and Treasury Department announced it had issued 120 million stimulus checks, by both paper check and direct deposit. That was up from 87 million on April 17—but still well under the 170 million total checks it plans to send out. Much of the delay results from the Internal Revenue Service waiting longer to mail out paper checks to Americans without their checking information on file.

But even as the IRS gets out more checks, confusion remains.

The stimulus check program excluded dependents, undocumented immigrants, and individual filers with adjusted gross incomes above $99,000. But many Americans are still confused if they’ll get a check: A total of 11% of U.S. adults haven’t received a check and aren’t sure if they’re eligible.

Many U.S. adults who are unsure if they’ll get a check, have reported being unable to log in into the IRS’s Get My Payment portal (some reported success using this trick).

Only 1 in 5 adult Gen Zers have received their stimulus check, compared to just over 1 in 2 of Millennials. This divide is driven by the fact individuals who are claimed as dependents aren’t eligible for the check.

And Baby Boomers are less likely to say they’ve received their check compared to Millennials and Gen Xers. But many of these Baby Boomers, unlike ineligible Gen Zers, are simply waiting on their check. That delay make sense: Stimulus checks were delayed for those who receive Social Security benefits and railroad retirement benefits; those checks starting going out at the end of April.

Most Americans are using their check to pay non-housing bills (41%), buy groceries (33%), or household essentials (28%). Americans often use their income tax return on things like a new car or booking travel. But only 1% made travel plans with their stimulus check, and just 2% invested in stocks with the money.

But 25% are holding onto some of the money in savings—likely in case things take a turn for the worse.

*Methodology: The Fortune-SurveyMonkey poll was conducted among a national sample of 4,717 adults in the U.S. between April 25-28. This survey’s modeled error estimate is plus or minus 3 percentage points. The findings have been weighted for age, race, sex, education, and geography.

Newsletter-Red-Line-15

Looking for more insights like these?

As a perk of their subscription, Fortune Premium subscribers receive Fortune Analytics, an exclusive newsletter that shares in-depth research on the most discussed topics in the business world right now. Our findings come from special surveys we run and proprietary data we collect and analyze. Sign up to get them in your inbox.

Our mission to help you navigate the new normal is fueled by subscribers. To enjoy unlimited access to our journalism, subscribe today.

More must-read finance coverage from Fortune:

—Saving lives vs. saving the economy is a false tradeoff, economists say
ExxonMobil’s CEO is banking on a return to normal, but most others aren’t so sure
—Cybercriminals adapt to coronavirus faster than the A.I. cops hunting them
—How cannabis purveyors are coping during the pandemic
Inside the chaotic rollout of the SBA’s PPP loan plan
—Listen to Leadership Next, a Fortune podcast examining the evolving role of CEO
—WATCH: Why the banks were ready for the financial impact of coronavirus

Subscribe to How To Reopen, Fortune’s weekly newsletter on what it takes to reboot business in the midst of a pandemic

11 Things You Should Know Before You Get Your First Credit Card

A credit card may seem like just another tool to help you make purchases, but it can be much more. When used responsibly, a credit card can help you build

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

How Is Credit Card Interest Calculated?

So your bank tells you that your credit card has a 15% APR. What does that actually mean? How does your bank calculate your interest rate, and how does that translate into how much you actually pay? …

What Is a Balance Transfer, and Should I Consider Doing One?

In a perfect world, no one would carry a balance on their credit card. We would all pay our bills in full each month and never have to worry about

Subscribe to our e-mail list and stay up-to-date with all our news.

The US Bank Review is an independent authority and bank watchdog group monitoring financial institutions operating the in United States. We have no affiliation with any banks featured, reviewed or profiled. All rights reserved. Terms of use and Privacy Policy