Alaska residents, get ready for a cash boost! The 2025 Permanent Fund Dividend (PFD) is set to deliver a $1,702 payment to eligible folks starting in June 2025. This annual payout, funded by Alaska’s oil wealth, helps families cover everyday costs like groceries, heat, and bills. Combining a regular dividend with an energy relief bonus, this payment is a lifeline for many in the Last Frontier. Here’s everything you need to know about who qualifies, when the money arrives, and how to claim it.
A Tradition of Sharing Wealth
Since 1976, Alaska’s Permanent Fund Dividend has shared the state’s oil revenue with residents, thanks to a constitutional amendment. Managed by the Alaska Permanent Fund Corporation, the fund uses investment earnings to pay out dividends each year. In 2025, the PFD totals $1,702, including a $1,403.83 standard dividend and a $298.17 energy relief bonus to help with rising utility costs. This program supports families and boosts local businesses by putting cash back into Alaskan pockets.
Who Can Get the $1,702 Payment?
To qualify for the 2025 PFD, you need to meet specific rules. You must have lived in Alaska for all of 2024 and plan to stay in the state. You can’t have been out of Alaska for more than 180 days in 2024, unless it was for approved reasons like military service, school, or medical treatment. Also, you must not have any felony convictions or multiple misdemeanors in 2024. Families with kids can claim the payment for each eligible child, making it a big help for larger households.
| Criteria | Requirement |
|---|---|
| Residency | Full-year resident of Alaska in 2024 |
| Absence Limit | Less than 180 days out of state |
| Criminal History | No felonies or multiple misdemeanors |
| Intent to Stay | Plan to remain in Alaska |
When Will You Get Paid?
The 2025 PFD payments roll out in batches based on when your application is approved. If your application is marked “Eligible – Not Paid” by April 9, 2025, you’ll get paid on April 17, 2025. Those approved by May 7 get paid on May 15, and those approved by June 11 will see funds on June 18, 2025. Direct deposits hit bank accounts faster, while paper checks take longer. Apply early to avoid delays, as late applications won’t be accepted after March 31, 2025.
How to Apply for the Payment
Applying for the PFD is simple but requires attention to detail. Starting January 1, 2025, visit the Alaska Department of Revenue’s PFD website (pfd.alaska.gov) to fill out the online form. You’ll need to provide proof of residency, like a utility bill or lease, and details like your Social Security number. Double-check your info to avoid delays. After submitting, use the “myPFD” portal to track your status or update your address. If you applied before and your situation hasn’t changed, you might not need to reapply.
- Visit pfd.alaska.gov starting January 1, 2025, to apply.
- Gather documents like utility bills or pay stubs for proof.
- Submit your application by March 31, 2025, to avoid missing out.
- Check your status on the “myPFD” portal regularly.
- Update your address online or with an Address Change Form if needed.
Don’t Miss This Cash Boost
The $1,702 PFD payment is a big help for Alaskans facing high living costs in 2025. The money is taxable federally, so report the $1,403.83 dividend on your 2025 tax return (the $298.17 energy bonus is usually tax-free). Apply early, double-check your documents, and avoid scams by sticking to official sites like pfd.alaska.gov. This payment not only helps with bills but also supports Alaska’s economy by encouraging local spending. Don’t wait—get your application ready to secure your share of this vital support
