Ben and Jackee Belnap had saved for a year and then the cash disappeared, KSL reported.
After turning the house upside down, they realized what had happened. Their toddler, Leo, had shredded the money.
"Leo helps me shred junk mail and just things with our name on it, or important documents we want to get rid of," Jackee Belnap told the news station.
She said little Leo must have found the envelope when his parents weren’t looking and shredded it himself.
The good news for the Belnaps is there is actually a U.S. government office that deals with ripped, ruined or mutilated money. They can fix most things people do to cash, but it takes time.
"I called the guy the next morning and he said, 'Oh, we might be able to help you here,' and I was shocked," Ben Belnap told KSL. "He said, 'Bag it up in little Ziploc bags, mail it to D.C., and in one to two years, you'll get your money back.'"
But there is apparently a quicker way to have the money replaced.
Dr. Pepper, the soda company that touts itself as the #OfficialDrinkofFans, has reached out to the Belnaps on Twitter offering to replace the destroyed dinero.