Alaskans are getting ready for a nice cash boost in 2025, thanks to a $1,702 stimulus payment from the state’s Permanent Fund Dividend (PFD) program. This unique program shares Alaska’s oil wealth with residents, and this year’s payout is expected to help thousands of families cover bills or save for the future. With payments starting in spring and continuing into June, here’s everything you need to know about who qualifies, when the money arrives, and how to make sure you get your share.
What’s the $1,702 Payment?
The PFD is like a yearly bonus for Alaskans, funded by the state’s oil revenue. In 2025, each eligible resident gets $1,702, a mix of the regular dividend and a small energy assistance bonus. The Alaska Permanent Fund Corporation invests oil money in stocks and real estate, using the profits to pay residents while keeping the fund growing. This program, started in 1976, helps everyone in Alaska benefit from the state’s natural resources. Unlike other stimulus checks, this payment is taxable by the IRS, so you’ll need to report it on your 2025 federal taxes.
Who Can Get the Money?
To grab the $1,702, you must meet Alaska’s rules. You need to have lived in the state for all of 2024, plan to stay long-term, and have been physically present for at least 72 hours in the past two years. You can’t have a driver’s license or vote in another state, and you must have a clean criminal record—no felony convictions or jail time in 2024. Kids and adults can both qualify, but you must apply by March 31, 2025, online or April 1 by mail. Missing the deadline means waiting until 2026.
| Eligibility Basics | Details |
|---|---|
| Residency | Full-time in Alaska for 2024 |
| Physical Presence | 72+ hours in past 24 months |
| Criminal Record | No felonies in 2024 |
| Application Deadline | March 31 (online), April 1 (mail) |
| Payment Amount | $1,702 per person |
When Will Payments Arrive?
Payments roll out in spring and early summer, depending on when your application is approved. If your application is good to go by April 9, 2025, you’ll get paid on April 17. Those approved by May 7 get paid on May 15, and approvals by June 11 mean a June 18 payment. Most folks get direct deposit for faster cash, but paper checks are an option. To avoid delays, double-check your bank info and address when applying. Early applicants with accurate details usually see their money first.
How to Apply and Avoid Delays
Applying is easy through the PFD website at pfd.alaska.gov. Log in with a myAlaska account, fill out your details, and submit proof of residency and banking info. Paper applications are available but must be postmarked by April 1. Common mistakes can slow things down, like outdated addresses or missing residency proof. Alaska doesn’t accept late applications, so mark your calendar. To stay safe:
- Apply early to beat the rush.
- Check your info for errors before submitting.
- Use the official PFD site to avoid scams.
- Report the $1,702 as taxable income on your 2025 taxes.
A Boost for Alaskan Families
For many, the $1,702 is a big help. “It covers my kids’ school supplies and some bills,” said Lisa Carter, a mom in Anchorage. Over 600,000 Alaskans qualify each year, making the PFD a key part of life in the state. While some lawmakers want to cap future payments at $1,000 with income limits, the 2025 payout is set at $1,702 for everyone who qualifies. With payments starting in April, now’s the time to apply and get ready for your cash. Visit pfd.alaska.gov to start your application and secure your share of Alaska’s oil wealth.