Every year, Alaskans look forward to a financial boost from the Permanent Fund Dividend (PFD)—and for 2025, that boost arrives in two parts: a one-time $1,702 payout in May and another in October. Funded by Alaska’s oil wealth, this payment supports thousands of residents and reflects both economic opportunity and a promise of shared prosperity. Here’s a detailed, friendly guide to everything you need to know about the 2025 PFD.
What Is the Alaska PFD
The Alaska Permanent Fund was created in 1976 to safeguard a portion of the state’s lucrative oil revenues for future generations. The fund’s investments span real estate, global markets, and bonds under the watch of the Alaska Permanent Fund Corporation (APFC). Each year, Alaskans who meet eligibility criteria reap the rewards in the form of the Permanent Fund Dividend. For 2025, eligible residents can expect $1,702, which includes:
- Base Dividend: $1,403.83 (your standard share of the fund’s annual payouts)
- Energy Relief Bonus: an extra $298.17, approved to help with rising costs
Key Dates & Payment Schedule
- Application Window: February 1 to April 30, 2025
- Expected Disbursement:
- May 5, 2025 – through direct deposit or mailing for returns already marked as “eligible not paid”
- Following rounds for those approved later in May and June
Here’s what to expect if your application was eligible by specific cutoff dates:
Eligible as of… | Payment Date |
---|---|
April 9, 2025 | May 15, 2025 |
May 7, 2025 | June 18, 2025 |
June 11, 2025 | Later schedule |
Who Qualifies for the 2025 PFD?

To receive the dividend, you must meet these requirements:
- Residency & Intent
- Must have been an Alaska resident throughout 2024
- Intention to stay long-term matters — a summer home may not qualify
- Physical Presence
- Lived physically in Alaska for at least 72 consecutive hours in 2023 or 2024
- Any absence must be justified, such as for schooling, medical care, or military service; time away for travel, business, or recreation is not counted
- Criminal Record
- No felony or multiple misdemeanor convictions in 2024
- Application Timeliness
- Apply between February 1 and April 30, 2025; late applications aren’t accepted
- Personal Application
- Each eligible individual—including children—must apply, online or via paper form
- Driver’s License Requirement
- Avoid replacing your Alaska-issued REAL ID with an out-of-state one—it risks eligibility
How to Apply for the 2025 PFD
- Go to the official site: pfd.alaska.gov
- Sign in or create a myAlaska account
- Fill out the PFD application, including:
- Name, birthdate, and contact info
- Proof of residency (lease or property ownership doc)
- Intended Alaska residency
- Explanation for any long absences
- Bank details for direct deposit—double-check for typos!
- Submit your application before April 30, 2025
What Happens If You Miss the Deadline?
Unfortunately, Alaskans who apply after April 30 cannot receive the 2025 payment. They’ll need to wait for the 2026 cycle. It’s crucial to apply early—even a small delay could cost you one year’s benefit.
Common Pitfalls to Avoid
To prevent unnecessary headaches, here are some mistakes to steer clear of:
- Missing the deadlines (window closes April 30, 2025)
- Entering inaccurate banking or mailing information
- Failing to disclose extended absences or reasons for being away
- Submitting insufficient or incorrect residency documentation
- Replacing your REAL ID with an out-of-state license
Understanding Tax Implications
While Alaska does not tax the PFD, the IRS does classify it as taxable income. Here’s what that means:
- Report the $1,702 on your federal tax return
- You may need to adjust withholding settings to avoid a surprise tax bill
- Consider talking to a tax adviser, especially if you have other sources of income (like investments or pensions)
Why the PFD Still Matters

For many Alaska families, the PFD represents more than just extra cash—it supports livelihoods. Whether it’s covering car repairs, helping with summer camp for kids, or building emergency savings, this dividend provides meaningful relief.
The inclusion of an energy relief bonus this year shows the state’s understanding of current challenges: rising living costs, volatile energy prices, and inflation everywhere.
Tips for a Smooth PFD Experience
- Apply early and avoid waiting until the deadline
- Double-check your bank and mailing information
- Keep your myAlaska account active and monitor for application updates
- Review the PFD FAQ for guidance on absences or special circumstances
- Plan financially: use a portion of the dividend to start or replenish your emergency savings
Example: How the PFD Works in Real Life
Let’s meet Sarah, a 42-year-old single mom living in Anchorage:
- She applied in early March
- Her application listed her job at a local clinic and her son’s school
- Her summer absence for medical treatment was properly documented
- Her direct deposit information was current
By mid-May, Sarah received $1,702. She set aside $500 for car maintenance, used some to restock household essentials, and saved the rest in her rainy-day fund. With planning, that dividend stretched far.
Looking Ahead Beyond 2025
The PFD program depends on Alaska’s oil revenues and investment returns. While $1,702 looks solid for now, future amounts could vary depending on fund performance and budget decisions. Staying informed and planning wisely will help you continue to benefit.
Conclusion
- $1,702 payout expected in May 2025—apply online between Feb 1 and April 30
- Remember: Alaskan residency, physical presence, and no disqualifying convictions are critical
- Watch deadlines closely and double-check your banking information
- This is taxable income—get your paperwork ready by tax season
- Use the funds thoughtfully—many Alaskans rely on the dividend for more than just one-time expenses
The 2025 Alaska PFD is more than a payout—it’s a lifeline tied directly to your home state’s wealth. With smart preparation and timely compliance, you can make the most of it.
FAQs
Q1. What is the $1702 PFD Stimulus Check 2025?
The $1702 PFD Stimulus Check refers to the 2025 Permanent Fund Dividend payment issued to eligible residents of Alaska, which may also include additional relief or stimulus benefits.
Q2. Who is eligible for the $1702 PFD payment in 2025?
To qualify, you must be a permanent Alaska resident for the entire previous calendar year, not have been convicted of a felony or incarcerated during the qualifying year, and must not have claimed residency in another state.
Q3. Is the $1702 amount final for all recipients?
Yes, the state has announced the 2025 PFD amount as $1702, but it may vary if other programs (such as energy relief payments) are bundled.
Q4. When will the $1702 stimulus checks be distributed?
Payments are typically disbursed in early October. Applicants who file early and choose direct deposit may receive it sooner.
Q5. How can I apply for the PFD payment?
You can apply through the official Alaska PFD website between January 1 and March 31, 2025.