Big news for Alaskans: a $1,702 stimulus payment might be coming your way in June 2025! This cash comes from Alaska’s Permanent Fund Dividend (PFD) program, which shares state oil money with residents. While rumors of “stimulus payments for everyone” are floating around, this payment is only for eligible Alaskans, not a federal program. Let’s break down who qualifies, when the money arrives, and how to make sure you get it.
What’s the Permanent Fund Dividend?
Alaska’s PFD program started in 1976 to share profits from the state’s oil and natural resources. Each year, the Alaska Permanent Fund Corporation invests this money, and a portion is paid out to residents as a dividend. In 2024, the PFD was $1,702, including a regular dividend of about $1,404 and an energy assistance bonus of $298. The 2025 amount hasn’t been confirmed yet, but it’s expected to be similar. This isn’t a federal stimulus check—it’s unique to Alaska.
Who Can Get the $1,702 Payment?
Not everyone in Alaska automatically gets the PFD. You need to meet strict rules to qualify. You must have lived in Alaska for all of 2024 and plan to stay there permanently. You also need to have been physically in Alaska for at least 72 hours in 2023 or 2024. Certain absences, like military service or college, are okay if they’re under 180 days. Everyone, including kids, needs their own application, and missing the deadline or having a criminal record could disqualify you.
Here’s a quick look at key eligibility requirements:
| Requirement | Details |
|---|---|
| Residency | Full-year Alaska resident in 2024 |
| Intent | Plan to stay in Alaska permanently |
| Physical Presence | At least 72 hours in Alaska in 2023 or 2024 |
| Application Deadline | February to April 2025 |
When Will the Money Arrive?
The June 2025 payment is part of the 2024 PFD cycle, paid to those marked “Eligible-Not Paid” by June 11, 2025. If you applied on time, expect the $1,702 on June 18, 2025. Direct deposits hit accounts faster, while paper checks may take longer. Other payment dates include April 17 and May 15 for earlier eligible applicants, but June is the big one for most. Sadly, applications for 2025 closed in April, so if you didn’t apply, you’ll miss out this year.
- Check your application status online to confirm eligibility.
- Update bank details early to avoid delays.
- Contact the PFD office if you think there’s an error.
How to Make Sure You Get Paid
If you applied for the 2025 PFD, log into your account on the Alaska PFD website to check your status. Make sure your address and bank info are correct to avoid hiccups. If you’re marked “Eligible-Not Paid” by June 11, you’re set for the June 18 payment. Be careful—getting a REAL ID from another state could mess up your residency proof and cost you the payment. If you have issues, reach out to the PFD office before the deadline.
Clearing Up the “For Everyone” Myth
Talk of “$1,702 stimulus payments for everyone” has caused confusion. Unlike federal stimulus checks, like the $1,400 Recovery Rebate Credit for 2021 tax filers, the PFD is only for Alaskans who meet the rules. Federal stimulus programs aren’t issuing new payments in June 2025, so don’t fall for scams promising nationwide cash. If you’re not in Alaska, check IRS.gov for unclaimed credits from past years, but file by April 15, 2025, to claim them.
This Alaska PFD is a lifeline for many, helping with bills or boosting savings. If you’re eligible, it’s like finding money in your pocket. Keep an eye on your application, and that $1,702 could be yours in June!
