Stimulus Check: In 2025, thousands of Alaskans will receive a $1,702 payment through the state’s Permanent Fund Dividend (PFD) program. This annual payout, funded by Alaska’s oil and gas revenue, offers a financial boost to help residents cover rising living costs. The payment includes a regular dividend of $1,403.83 and an extra $298.17 energy relief bonus to ease the burden of high energy bills. For many families, this cash injection is a lifeline, especially in rural areas where everyday expenses like heating and groceries are steep. Let’s break down who qualifies, when the money arrives, and how it impacts Alaskans.
Who Can Get the $1,702 Payment?
To receive the PFD, you must meet strict eligibility rules set by the Alaska Department of Revenue. The program is designed to reward long-term residents who are committed to staying in the state. Here are the key requirements:
| Requirement | Details |
|---|---|
| Residency | Must have lived in Alaska for all of 2024 and plan to stay permanently. |
| Physical Presence | Must have been in Alaska for at least 72 consecutive hours in 2023 or 2024. |
| Absences | Cannot be absent for more than 180 days unless for approved reasons like military service, school, or medical treatment. |
| Criminal Record | No felony convictions in 2024, and no multiple misdemeanor convictions since 1997. |
| Application | Must apply between January 1 and March 31, 2025, with a postmark no later than April 1. |
If you’ve applied for a driver’s license or voter registration in another state, you might be disqualified. The state checks applications carefully to prevent fraud and ensure only true Alaskans benefit.
When Will the Payments Arrive?
The 2025 PFD payments are scheduled throughout the year, depending on your application status. If your application is marked “Eligible-Not Paid” by certain dates, you’ll receive the money soon after. Here’s the confirmed schedule:
- March 12, 2025: Eligible by this date, paid on March 20.
- April 9, 2025: Eligible by this date, paid on April 17.
- May 7, 2025: Eligible by this date, paid on May 15.
- June 11, 2025: Eligible by this date, paid on June 18.
- July 9, 2025: Eligible by this date, paid on July 17.
- August 13, 2025: Eligible by this date, paid on August 21.
Direct deposits arrive first, while paper checks may take a bit longer. To avoid delays, update your banking and address details on the myPFD portal at pfd.alaska.gov. If you miss the March 31 deadline, you’re out of luck until 2026, as late applications aren’t accepted unless you qualify for a special appeal.
Why the PFD Matters to Alaskans
The $1,702 payment is a big deal for many Alaskans, especially in remote areas where the cost of living is sky-high. Groceries, fuel, and heating can cost much more than in other states because of Alaska’s isolation and tough climate.
The PFD helps families pay for essentials like winter heating, school supplies, or even car repairs. For low-income households, it’s a critical cushion against financial stress. In 2022, large PFD payments led to a 15% spike in retail sales, showing how this money boosts local businesses too.
Economic Impact on Alaska: Stimulus Check
Beyond helping individuals, the PFD pumps money into Alaska’s economy. When residents spend their dividends, local stores, restaurants, and services see a surge in business. This extra cash flow creates jobs and keeps communities thriving.
However, there’s debate about the program’s future. Some argue for bigger payouts to help families more, while others say the state should use the money for schools, roads, or healthcare. Governor Mike Dunleavy proposed a $3,900 PFD, but lawmakers settled on $1,702 to balance the state budget.
Tax Details You Need to Know
The $1,702 PFD is taxable at the federal level, so you’ll need to report it on your 2025 tax return. The Alaska Department of Revenue will send you a Form 1099-MISC in January 2026 to help with filing. Good news: the $298.17 energy relief portion is tax-free, which reduces your tax burden slightly. Alaska has no state income tax, so you won’t owe anything locally. Keep your 1099 form handy and check with the IRS website for guidance on reporting.
How to Apply and Avoid Problems
Applying for the PFD is simple but requires attention to detail. You can apply online at pfd.alaska.gov or by mailing a paper form. Each family member, including kids, needs a separate application, and parents must apply before filing for their children.
Double-check your information, especially your address and residency details, as mistakes can lead to delays or denials. About 3% of 2024 applications were rejected due to errors, so take your time. If your application is denied, you have 30 days to appeal through your myPFD account.
The $1,702 PFD is more than just a check—it’s a share of Alaska’s wealth that helps families and fuels the state’s economy. By understanding the rules, keeping your records updated, and applying on time, you can ensure you get your payment without hassle. Whether you use it for bills, savings, or a little treat, this dividend is a unique way Alaska supports its people.