Thousands of Alaskans are set to pocket a $1,702 payment in June 2025 through the state’s Permanent Fund Dividend (PFD) program. This cash, drawn from Alaska’s oil and gas revenue, includes a $1,403.83 regular dividend plus a $298.17 energy relief bonus. With living costs climbing, this payout is a lifeline for many families. But not everyone can claim it. Here’s a simple guide to see if you qualify for the June deposit and how to get it.
What’s the Permanent Fund Dividend?
The PFD, started in 1976, shares Alaska’s oil wealth with its residents. Each year, eligible folks get a payment based on the state’s oil and gas earnings. In 2025, the total payout is $1,702 per person, up 30% from last year’s $1,312, thanks to strong oil revenue. Managed by the Alaska Permanent Fund Corporation, this program not only helps families with bills but also boosts local businesses as people spend the cash. The June 18 payment is for those whose applications are in “Eligible-Not Paid” status by June 11, 2025.
Who Can Get the $1,702?
To claim the PFD, you need to meet clear rules. You must have lived in Alaska for all of 2024 and plan to stay there for good. You can’t have been jailed for a felony in the past 12 months or for a misdemeanor if you have more than two convictions since January 1, 1997. You also need to have spent at least 72 hours in Alaska in the last 24 months. Applications for 2025 were open from January 1 to March 31, and those approved by June 11, 2025, will get the payment on June 18.
| Requirement | Details |
|---|---|
| Residency | Lived in Alaska for all of 2024, intend to stay indefinitely |
| Criminal Record | No felony in past 12 months; no more than 2 misdemeanors since 1997 |
| Time in Alaska | At least 72 hours in Alaska in last 24 months |
| Application Deadline | March 31, 2025, via pfd.alaska.gov or mail |
| Payment Amount | $1,702 ($1,403.83 dividend + $298.17 energy relief) |
How to Apply for the Payment
Applying is easy but has a strict cutoff. You needed to submit your application online at pfd.alaska.gov or by mail before March 31, 2025. The process asks for details like your residency history and criminal record. It takes about 10 minutes to complete. If your application is marked “Eligible-Not Paid” by June 11, 2025, you’ll get the $1,702 on June 18. Direct deposits are faster than mailed checks, so update your bank info and address on the PFD website to avoid delays.
Why This Cash Matters
The $1,702 payment is a big help for Alaskans dealing with high costs for food, gas, and heat. The extra $298.17 energy bonus is especially useful for winter bills. For families, this money can cover groceries, rent, or other essentials, while also giving a boost to local stores and restaurants. The PFD is tax-free in Alaska, but the IRS counts it as taxable income, so keep that in mind when filing taxes. With payments already made in April and May, June is another chance for eligible residents to cash in.
Don’t miss out on this $1,702 boost. If you applied by March 31 and meet the rules, check your status on pfd.alaska.gov to ensure you’re set for the June 18 deposit. This money could make a real difference for you and your family in 2025.
