If you live in Alaska, you could be getting a $1,702 check this June — but only if you meet some pretty specific requirements. The buzz around this payout is heating up fast as residents across the state prepare to receive their annual Permanent Fund Dividend (PFD), a uniquely Alaskan benefit funded by oil and gas revenues. This year’s payout includes a special energy relief bonus, pushing the total to $1,702 per person. But don’t assume you’re in just yet — eligibility rules are strict, and the application window has already closed.
What Is the $1,702 Stimulus Payment?
The $1,702 payment isn’t a federal stimulus, but it feels like one for many Alaskans. It comes from the Permanent Fund Dividend (PFD), a yearly payout given to residents from the state’s oil revenue investments. What’s special this year? Along with the base PFD of $1,403.83, there’s an additional energy relief bonus of $298.17 included, bringing the total to $1,702.
This bonus aims to help residents offset soaring energy costs — especially vital in a state where heating and transportation expenses are notoriously high.
Who Is Eligible for the PFD?
To receive the $1,702 payout in June 2025, you must have met all of the following:
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Alaska Residency: You must have lived in Alaska for the entire calendar year of 2024 and intend to stay indefinitely.
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Physical Presence: You must have been physically present in Alaska for at least 72 consecutive hours in 2023 or 2024.
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Limited Absences: You can’t have been out of the state for more than 180 days during 2024 unless it was for qualified reasons (like military duty, education, or medical care).
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Criminal Record: You cannot have been incarcerated for a felony or convicted of certain crimes during 2024.
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Application Submitted On Time: You must have submitted your application between January 1 and March 31, 2025.
When Will the $1,702 Checks Be Sent?
The Alaska Department of Revenue confirmed that payments will go out on June 18, 2025, for residents whose applications were processed and marked as “Eligible – Not Paid” by June 11.
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Direct Deposit: This is the fastest way to receive your PFD. If you signed up for direct deposit, you should see the funds land in your bank account on or shortly after June 18.
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Paper Checks: If you opted for a mailed check, it may take a few extra days to arrive, depending on your location and mail delivery schedules.
How to Check Your PFD Status
Don’t guess — find out your status directly by logging into your. Look for:
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“Eligible – Not Paid”: You’re approved and awaiting payment.
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“Paid”: Your check has already been sent.
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“Ineligible” or “Incomplete”: Something went wrong with your application — and you likely won’t receive the payment.
Do You Have to Pay Taxes on the PFD?
Yes and no. Alaska does not tax the PFD, but the IRS does. The $1,702 you receive will count as federal taxable income, so make sure to report it when filing your 2025 federal tax return. You might receive a Form 1099-MISC from the state next year.
Missed the Deadline?
If you didn’t apply between January 1 and March 31, 2025, you won’t be receiving this year’s dividend — but don’t give up. The next application period for the 2026 PFD opens January 1, 2026. Be ready early, because late applications are not accepted under any circumstances.
Bottom Line
The $1,702 PFD payment is a major financial boost for eligible Alaskans, especially with energy and living costs continuing to climb. But it’s not automatic — you had to follow specific rules and file your application on time. If you qualified and your status is “Eligible – Not Paid,” your money is on the way by June 18.
