In June 2025, many people living in Alaska will get a big financial boost through the Alaska Permanent Fund Dividend (PFD). This payment of $1,702 is not the same as a federal stimulus check, but it works similarly by giving residents direct cash support. The money comes from the state’s earnings on oil and mineral resources and is shared with Alaskans each year. It’s a helpful yearly payment many residents count on.
The $1,702 payment has two parts: the base dividend and an energy relief bonus. Most of the money, $1,403.83, is the regular PFD payment from the state’s investment profits. The second part, $298.17, is extra help for energy costs. This bonus is especially helpful for people in remote areas of Alaska, where heating and electricity can be very expensive. With energy prices still high, this added support is more important than ever.
Payments are scheduled to go out on June 18, 2025, but only for people marked as “Eligible-Not Paid” from earlier applications. To be included in this group, your application file must be updated by June 11, 2025. If you already received your payment in April or May, you’ll have to wait for the next round.
Here’s What Makes Up the $1,702 Payment:
| Payment Type | Amount (USD) | Description |
|---|---|---|
| Regular PFD | $1,403.83 | Main share from state oil and gas profits |
| Energy Relief | $298.17 | Bonus to help with high energy costs |
| Total | $1,702.00 | Full payment for eligible Alaskans |
The base dividend follows a formula used since 1976, based on the Alaska Permanent Fund’s earnings. The energy relief bonus is not guaranteed every year—it’s added only when energy prices are especially high, like they are now.
Who Can Get the PFD in June 2025?
To get the $1,702 PFD, residents must meet several rules. These guidelines help make sure the payment only goes to people who truly live in Alaska and aren’t trying to cheat the system.
To qualify:
- You must have lived in Alaska for all of 2024.
- Short absences (like for school or military service) are allowed, but Alaska must still be your main home.
- You must have been in Alaska for at least 72 straight hours in the past two years.
You also need to prove you plan to stay in Alaska. For example, applying for a driver’s license or voter registration in another state can disqualify you.
Legal conduct also matters. If you were convicted of a felony or certain misdemeanors in 2024, you may be denied the payment. The state’s Department of Revenue checks records and can reject applicants who don’t meet the standards.
Important Dates You Should Know
| Event | Date | Details |
|---|---|---|
| Application Opens | January 1, 2025 | Start submitting your forms |
| Application Deadline | March 31, 2025 | Last day to apply |
| Postmark Deadline | April 1, 2025 | Mailed forms must be postmarked by this date |
| Final Eligibility Update | June 11, 2025 | Must be marked “Eligible-Not Paid” |
| Payment Date | June 18, 2025 | Direct deposit or paper check sent out |
If you chose direct deposit, the money should hit your bank account on June 18. Paper checks could take a bit longer due to mail delivery times.
Taxes on the PFD
The PFD is not taxed by the state of Alaska, but it is taxed at the federal level. That means the IRS treats it as regular income, and you’ll need to include it when you file your taxes.
This includes payments made for children. If your child received a PFD, it must be reported using their Social Security Number on the tax form. You’ll receive a 1099-MISC form in January from the Alaska Department of Revenue to help with your tax filing.
How the PFD Helps Alaska’s Economy
The Alaska PFD is more than just a yearly bonus—it plays a major role in helping families and supporting the state’s economy. Life in Alaska can be expensive, especially in rural communities where everyday goods cost more because they have to be shipped in. The PFD gives people extra money to help with these high costs.
Many use their PFD to pay for heating oil, winter clothes, school supplies, or to fix their car. Some choose to save the money or pay down debt. It also helps local businesses, since people tend to spend more around the time the checks are issued.
The PFD is a unique program that provides equal financial help to all residents who qualify, no matter their job, income, or education. It helps reduce income inequality in a simple, effective way.
Common Mistakes That Could Cost You the PFD
To make sure you don’t miss out on the payment, avoid these common problems:
To stay eligible:
- Live in Alaska for all of 2024.
- Keep documents proving your absence was temporary (if applicable).
- File your application accurately and only once.
- Keep your personal details updated in the system.
Avoid actions that could disqualify you:
- Applying for a driver’s license, voter ID, or Real ID in another state.
- Being convicted of a felony during the year.
- Sending in your application late or with missing info.
- Failing to update your bank or mailing address.
It’s a good idea to check your status on the official PFD website and reply quickly if they ask for more information.
The $1,702 PFD arriving in June 2025 is a big help for Alaskans. Whether you spend it, save it, or use it for bills, this payment makes a real difference. Just make sure your application is updated by June 11, so you don’t miss out when payments go out on June 18.