If you live in Alaska, get ready—a $1,702 direct payment is headed to your account in June 2025, and for many families, it’s arriving just in time to help with rising costs of living. This isn’t a federal stimulus check, but rather Alaska’s own version of a financial boost: the Permanent Fund Dividend (PFD). And if you meet the right requirements, you could be among the thousands of residents getting paid this summer.
Whether you’re a longtime Alaskan or new to the state, here’s everything you need to know about the 2025 PFD—who’s eligible, when payments go out, and how to make sure your money doesn’t get delayed.
What Is the $1,702 Payment All About?
This year’s $1,702 payout comes from the Alaska Permanent Fund Dividend Program, a unique benefit funded by the state’s oil revenues. The program was created back in 1976 to ensure all Alaskans share in the wealth generated from the state’s natural resources.
Each year, the state sets a new dividend amount based on earnings from the Alaska Permanent Fund. For 2025, that amount is $1,702 per eligible resident—taxable at the federal level, but not taxed by the state of Alaska.
Who Qualifies for the PFD in 2025?
To receive the $1,702, you must meet specific eligibility criteria, including:
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Residency: You must have lived in Alaska for the entire year of 2023, from January 1 through December 31.
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Intent to Stay: You must plan to remain in Alaska indefinitely—not just temporarily.
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Absences: If you left Alaska for school, military service, or medical care, your time away may still count—but it must be documented.
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Criminal History: Those convicted of a felony or incarcerated for most of 2023 could be disqualified from receiving the payment.
And don’t forget: even if you meet all the rules, you still must apply during the open application window. For 2025, the application period ran from February 1 to March 31.
When Will Payments Arrive?
The state will begin sending out PFD payments in June 2025. If you signed up for direct deposit, you’ll likely get your money earlier than those waiting for a paper check in the mail.
Want to make sure your payment isn’t delayed? Log into your to double-check that your banking information and mailing address are up to date.
Is the PFD Taxable?
Yes—but only at the federal level. Alaska doesn’t tax your PFD earnings, but the IRS does. That means you’ll need to report the $1,702 on your 2025 federal income tax return. If you have dependents who qualify for their own PFDs, those amounts must be reported as well.
Why This Matters Now
For many Alaskan families, the PFD is more than just a “bonus”—it’s a vital part of the annual budget. The 2025 payout arrives at a time when many households are still navigating high grocery costs, energy bills, and housing expenses.
Knowing whether you’re eligible—and when you’ll receive your money—can help you plan ahead for summer expenses or even stash away a bit for emergencies.
If you’re unsure about your status or have questions, head to or call the Alaska Department of Revenue directly for assistance.
