Every year, thousands of Alaska residents look forward to an extra financial boost thanks to the state’s oil wealth. It’s called the Permanent Fund Dividend (PFD), and it’s Alaska’s way of sharing the profits from its natural resources with the people who call the state home.
In 2025, the amount distributed to eligible individuals is bigger than ever—$1,702, marking a 30% increase compared to the previous year.
If you live in Alaska, or plan to, here’s everything you need to know about the payment, who qualifies, and when to expect it.
Breakdown
The 2025 dividend check includes two components:
- $1,403.83 as the main PFD amount
- $298.17 as a one-time energy relief bonus
That energy bonus helps cover rising utility costs in a state where heating and transportation expenses are no joke. Together, the total adds up to $1,702, offering a real boost to household budgets.
This payout isn’t random—it comes from the state’s oil and gas revenues, managed through the Alaska Permanent Fund Corporation.
Since the fund was established in 1976, its goal has been to set aside a portion of oil income for the long-term benefit of residents. It’s a mix of investment returns and resource profits, and every eligible resident gets a slice.
Eligibility
Not everyone automatically qualifies for the check. Alaska sets clear rules for who’s eligible to receive the 2025 PFD payment:
- You must have been an Alaska resident for the entire previous calendar year (2024)
- You must intend to remain in Alaska permanently
- You must have lived in Alaska for at least 12 consecutive months before applying
- You must not have claimed residency elsewhere during that time
- You must have been physically present in Alaska for at least 72 hours in the past two years
There are also legal requirements. If you’ve been convicted of a felony or have more than two misdemeanor convictions since January 1, 1997, you may be disqualified. Anyone who’s been incarcerated for a serious crime in the past 12 months is not eligible.
So even if you meet the residency conditions, your legal history could impact your ability to receive the dividend.
Application
To get the money, you had to apply during the official window. The application period for the 2025 dividend was open from January 1 to March 31, and all forms had to be submitted by April 1.
Residents could apply online at pfd.alaska.gov or by mailing in a paper application. Those who successfully applied and were deemed eligible will receive their payment later in the year.
One key date to remember: if your application for 2024 or earlier is in “Eligible-Not Paid” status by May 7, 2025, your check will be issued on May 15, 2025, according to the Alaska Permanent Fund Dividend website.
Economic Impact
Beyond the personal benefit, the PFD injects a serious amount of cash into Alaska’s economy.
Every fall, retail sales jump, local businesses see more foot traffic, and many families use the extra funds for winter prep, bill payments, or savings. It’s also a form of financial relief for residents facing Alaska’s notoriously high cost of living.
While the amount changes year to year based on market returns and oil prices, the principle remains the same: a share of Alaska’s natural wealth should benefit the people who live there.
FAQs
How much is the 2025 Alaska PFD?
The total amount is $1,702 per eligible resident.
What is the PFD energy bonus?
It’s a $298.17 add-on to cover energy costs.
When will PFD payments be made?
May 15, 2025, if eligible by May 7.
Who doesn’t qualify for PFD?
Felons or those with certain misdemeanors may be disqualified.
How do I apply for the Alaska PFD?
Apply online or by mail from Jan 1 to March 31.
