Ben and Jackee Belnap were saving the cash to reimburse Ben's parents for University of Utah season football tickets.
That's when Jackee found the money in the shredder.
The envelope, labeled "Utah Utes Tickets", contained $1,060 and was placed on a counter as a reminder to deliver it to relatives.
"We just, for like five minutes, we just shuffled through it, not talking", Jackee told KSL.
A two year-old boy accidentally shredded $1,060 of cash his parents had spent over a year saving for football season tickets.
"I'm digging through the trash", Ben Belnap told KSL, "and [Jackee] hollers and says, 'I found it'".
"I called the guy the next morning and he said, 'Oh, we might be able to help you here, ' and I was shocked", Ben says.
She said the boy has shown previous interest in the shredder.
Thankfully a government office that specializes in dealing with mutilated cash gave them their money back. She added, KRON4 reports, "As devastated and as sick as we were, this was one of those moments where you just have to laugh".
The couple contacted the US Treasury Department and may be able to get some or all of the money back, but it could take up to two years.
Understandably Leo has been banned from the shredder.
Following the incident, Ben chose to share the comical incident on social media and has been liked more than 1,760 times and retweeted by more than 530 people. Well we couldn't find the envelope until my wife checked the shredder. Yup.
The process takes between six months and three years, the website says.
Luckily for the Belnaps, all's well that ends well! Let us know in the comments!