The Alaska Permanent Fund Dividend (PFD) is one of the most unique programs in the United States. Every year, it distributes a portion of Alaska’s mineral wealth to its residents.
Funded mainly through oil, gas, and mining royalties, the program was created to ensure that both present and future generations benefit from the state’s natural resources.
The dividend amount is not fixed—it changes annually based on the five-year average earnings of the investment fund. For many Alaskans, this payout acts as a yearly “stimulus check” that recognizes their right to share in the wealth generated from their land.
Who Qualifies for the PFD Stimulus Checks?
The PFD is not automatically given to everyone living in Alaska. Applicants must meet strict rules that confirm a real and lasting connection with the state. The eligibility process works like a filter, ensuring benefits only go to permanent residents.
Applications are carefully reviewed, and only those marked as “Eligible” receive payment. Funds are disbursed in batches during the last quarter of the year through either direct deposit or paper checks.
Eligibility Rules for the 2025 PFD
To qualify for the 2025 PFD, applicants must meet several conditions:
Must have been an Alaska resident for the entire 2024 calendar year.
Cannot claim residency in another state or country since December 31, 2023.
Must intend to remain in Alaska indefinitely.
Must have been physically present in Alaska for at least 72 consecutive hours during 2023 or 2024.
Exceptions for Absence
Extended absences over 180 days are allowed only in specific cases such as:
Active military service
Attending school outside Alaska
Specialized medical treatment
Criminal Restrictions
Individuals convicted of a felony in 2024 are not eligible.
Those jailed in 2024 for a felony or multiple misdemeanors since January 1, 1997, are also excluded.
These rules ensure the dividend goes to residents who actively maintain ties with the state and meet standards of good conduct.
PFD Payment Schedule for 2025
The 2025 dividend will be distributed in scheduled batches:
October 2, 2025 – First payments for applicants marked “Eligible-Not Paid” by September 18, 2025. Direct deposits are prioritized.
October 23, 2025 – Second round for applicants marked “Eligible-Not Paid” by October 13, 2025. Both direct deposits and paper checks will be issued.
Payments processed after August 21, 2025 do not belong to the 2025 dividend. Instead, they are for pending applications from 2024 or earlier.
The application window for the 2025 PFD officially closed on March 31, 2025.
How Much Will the 2025 PFD Be?
On May 18, 2025, the Alaska Legislature set the dividend at $1,000 per person for 2025. This amount is lower than the $1,702 per person distributed in 2024, which included an additional energy relief supplement.
While the reduced payout may disappoint some residents, the program continues to provide vital financial support by sharing the state’s natural resource wealth directly with its people.
The Alaska Permanent Fund Dividend is more than just an annual payout—it’s a reminder of the state’s unique approach to resource management. By turning oil and mineral royalties into a lasting fund, Alaska ensures that its people benefit directly.
With a confirmed payout of $1,000 in 2025, residents will once again share in their state’s natural wealth, even though the amount is smaller than last year’s. The program remains a powerful example of how natural resources can be managed for the collective good.