Alaska’s Annual $1,702 Stimulus : Alaska’s well-known Permanent Fund Dividend (PFD)—often dubbed the state’s recurring “stimulus check”—is back for 2025, offering eligible residents a payout of $1,702. Here’s everything you need to know about the latest distribution, eligibility rules, and important dates.
What Is the Permanent Fund Dividend (PFD)?
The Permanent Fund Dividend is an annual payment funded by Alaska’s oil and natural resource revenue, designed to share the state’s earnings with residents. It has been distributed every year since 1982, proudly reflecting Alaska’s commitment to sharing its natural wealth.
How Much and When Is the 2025 Payout?
The 2025 dividend amount has been confirmed at $1,702 per eligible resident.T
Payment Schedule
| Payout Window | Payment Date |
|---|---|
| Eligible by July 9, 2025 | July 17 |
| Eligible by August 13, 2025 | August 21 |
| Eligible by September 3, 2025 | September 11 |
| Eligible by October 13, 2025 | October 23 |
Who Qualifies for the 2025 PFD?
To receive the dividend, applicants must meet six key eligibility criteria:
- Be an Alaska resident throughout 2024
- Intend to remain an Alaska resident indefinitely
- Not reclaim residency in any other state or country since December 31, 2023
- Be physically present in Alaska for at least 72 consecutive hours within 2023 or 2024
- Have no felony conviction or disqualifying misdemeanour in 2024
- Submit an application by March 31, 2025, via the official portal
Application & Distribution Overview
In 2024, approximately 666,213 applications were received, with 624,489 paid out—totaling over $1.06 billion in PFD disbursements through the $1,702 dividend.
The application window opened on January 1, 2025, and closed on March 31. The first batch of funds was issued on July 17, followed by payments on August 21, September 11, and October 23, depending on eligibility status timing.
Alaska’s beloved yearly “stimulus check” through the Permanent Fund Dividend is here again in 2025—delivering $1,702 to qualifying residents.
This direct benefit from state oil earnings reinforces the importance of maintaining eligibility, applying on time, and tracking your payment date. Whether you’re new to the PFD or a long-time recipient, staying informed is key to getting your share.
Frequently Asked Questions(Alaska’s Annual $1,702 Stimulus Program Returns For 2025 – Are You Eligible?)
Q1: What is Alaska’s $1,702 stimulus program?
A: This is the Permanent Fund Dividend (PFD) — an annual payment to eligible Alaskan residents. Funded by the state’s oil revenues, the 2025 PFD amount has been set at $1,702 per person. It’s designed to share Alaska’s resource wealth with its citizens.
Q2: Who is eligible to receive the 2025 PFD payment?
A: To qualify, you must:
- Be an Alaska resident for the entire calendar year 2024
- Intend to remain a resident indefinitely
- Not have claimed residency in another state or country
- Have not been convicted of certain crimes or incarcerated for part of the year
Eligibility is based on the Alaska Department of Revenue guidelines.
Q3: How do I apply for the 2025 PFD?
A: Applications must be submitted between January 1 and March 31, 2025. You can apply online through the MyPFD portal or by mailing a paper form. Be sure to apply during the official window—late applications are not accepted.
Q4: When will I receive the payment?
A: Payments are typically issued in October. Those who apply online and choose direct deposit often receive the funds earlier in the month, while paper check recipients may receive theirs later.
Q5: Is the $1,702 payment taxable?
A: Yes. The PFD is considered taxable income by the IRS, so it must be reported on your 2025 federal tax return. However, it is not taxed by the State of Alaska.
Q6: Can children receive the PFD too?
A: Yes! Eligible Alaskan children under 18 can receive the PFD if their parent or legal guardian applies on their behalf. Each qualifying child gets the full payment amount.
Q7: What if I move out of Alaska in 2025? Will I still qualify?
A: If you move after December 31, 2024, and meet all eligibility rules for the full 2024 calendar year, you may still qualify for the 2025 PFD. However, moving permanently out of state may affect future eligibility.
Q8: How is the $1,702 amount calculated?
A: The amount is based on a formula tied to the Alaska Permanent Fund’s earnings, averaged over five years. The 2025 payout reflects recent fund performance, state legislation, and any supplemental funding adjustments.
