Every year, Alaska’s residents look forward to a unique financial benefit that no other U.S. state offers. Thanks to its rich oil resources, Alaska has been sharing its wealth with the people who call it home through the Permanent Fund Dividend (PFD).
In 2025, this annual payment is set at $1,702, and over 600,000 Alaskans are expected to receive it. Here’s everything you need to know in simple terms.
What Is the Alaska PFD Program?
The Permanent Fund Dividend (PFD) is a yearly payment given to eligible Alaskan residents. It’s not a government handout but rather a share of the oil profits made by the state.
Alaska has some of the largest oil reserves in the U.S., and the money earned from oil drilling goes into a special state fund. A portion of this money is then shared equally among permanent residents.
This program started in 1982, and since then, it has never missed a single year. It’s managed by the Alaska Department of Revenue, specifically through the Permanent Fund Dividend Division.
How Much Is the PFD for 2025?
For 2025, each eligible person will receive $1,702. This amount was set by the Alaska Legislature, following a formula that’s been in place since 2017, after a ruling by the Alaska Supreme Court.
Eligibility Requirements for PFD 2025
To receive the PFD payment, you must meet some basic conditions. Here’s what you’ll need:
Alaska-issued ID (Driver’s License or State ID)
Social Security Number
Proof of Residency in Alaska (utility bills, lease agreements, etc.)
Previous year’s tax return (if applicable)
Documents explaining any long absences from Alaska (military, school, medical, etc.)
Important: You must have applied before March 31, 2025. Applications can be submitted:
Online at pfd.alaska.gov
In person at PFD offices in Anchorage, Fairbanks, or Juneau
By mail:
Permanent Fund Dividend Division
P.O. Box 110020
Juneau, AK 99811-0020
How to Check Your PFD Application Status
Once you’ve applied, you can check your status on the official PFD portal: myPFD.
Here’s what the different statuses mean:
Eligible – Not Paid: You’ve been approved, but payment is still pending.
Under Review: Your application needs more info or documents to prove eligibility.
Denied: You’re not eligible. You’ll get a letter explaining the reason.
If you get denied, don’t panic—you can file an appeal within 30 days, but you’ll need to pay a $25 appeal fee.
Why the PFD Is More Than Just a Check
The PFD is not just about money—it’s about building a better future for Alaskans. Over the years, this program has:
Reduced poverty by 20–40%
Especially helped rural Indigenous communities, dropping poverty from 28% to 22%
Boosted part-time employment by 17%
Despite some myths, research shows that receiving the PFD doesn’t make people lazy. In fact, many use the money to:
Pay for education
Start small businesses
Support their families
Cover essentials during the harsh Alaskan winters
The PFD helps people improve their lives without relying completely on government aid.
Summary Table: Key Info About PFD 2025
| Topic | Details |
|---|---|
| Program Name | Permanent Fund Dividend (PFD) |
| Amount | $1,702 per eligible resident |
| Application Deadline | March 31, 2025 |
| Apply At | pfd.alaska.gov, PFD offices, or by mail |
| Who Qualifies | Permanent Alaska residents with valid ID, SSN, and proof of residency |
| Check Status | Online at myPFD |
| Appeal Fee | $25 if denied |
Alaska’s Permanent Fund Dividend is more than a yearly payout—it’s a symbol of shared wealth and state pride. If you live in Alaska and meet the requirements, don’t miss out on your $1,702 payment in 2025.
The program supports families, strengthens local communities, and proves that sharing profits from natural resources can make a real difference. So apply on time, track your status, and make the most of this unique benefit that truly puts Alaskans first.
