If you’re living in Alaska, you could be just days away from receiving a $1,702 payment, and no—it’s not a scam, and it’s not federal stimulus. This money comes straight from the state’s legendary Permanent Fund Dividend (PFD), a unique program that pays eligible residents a share of Alaska’s oil revenue each year. And yes, it’s happening again this June.
The latest round of payments is being deposited on June 18, 2025, but only for those who were marked “Eligible – Not Paid” by June 11. If that’s you, check your bank account—because this is real money, and it’s heading your way.
The $1,702 payout is made up of two parts: a $1,403.83 base dividend, and a $298.17 energy relief bonus meant to help cover the high cost of heating and electricity in Alaska’s remote and often freezing regions. It’s not new this year—Alaska has offered this type of bonus before—but it’s arriving at just the right time as inflation and fuel costs remain high.
So how do you know if you qualify? The PFD isn’t a free-for-all. You must meet a specific set of requirements, and if you didn’t apply before the March 31, 2025, deadline, you’re unfortunately out of luck until next year.
Here’s what it takes to qualify:
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You must have lived in Alaska for all of 2024 and intend to stay permanently.
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You must have been physically present in the state for at least 72 consecutive hours during either 2023 or 2024.
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You cannot have been absent for more than 180 days, unless it was for approved reasons like military service, education, or medical treatment.
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You must not have any felony convictions in 2024, and no more than one misdemeanor.
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You had to apply by March 31, 2025—no late entries accepted.
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You must maintain accurate banking and mailing info on file with the PFD office.
If you met all those criteria and your status is already approved, you don’t need to do anything else. The state will deposit the money directly into your account or send a check, depending on the option you selected.
Keep in mind, earlier payment waves were already distributed this spring—on March 20, April 17, and May 15—covering earlier approvals. This June 18 payment wave is for people who were still processing earlier in the year or had corrections made to their applications.
The PFD also plays a critical role in helping Alaskans offset the unique costs of living in the state. Heating, food, and fuel can be much more expensive—especially in rural communities. That’s why the $298.17 energy bonus has become a key part of the payout, making the total check feel more like a mini stimulus tailored to Alaskans’ needs.
One last warning: scammers often take advantage of news like this. If you get a text, email, or phone call asking for your Social Security number or bank info to “release” your payment—ignore it. The only legitimate website for the program is and you should never give out information anywhere else.
Final Tip
If you missed this year’s payment, don’t worry—you’ll have another shot starting January 1 through March 31, 2026, when the next application window opens. And if you’re a parent or guardian, make sure you filed on behalf of your children too—kids are eligible for their own full payments under the same rules.
Alaska’s $1,702 payout may not be part of a national stimulus plan, but for many residents, it’s just as meaningful. Make sure you’re on the list, and if you are, mark your calendar—June 18 is payday.
