Alaska residents are set to receive a $1,702 stimulus payment in October 2025 through the Permanent Fund Dividend (PFD) program. This annual payment shares a portion of the state’s oil revenue with eligible residents, helping them directly benefit from Alaska’s natural resources.
For 2025, the payment consists of $1,403.83 as the standard portion and $298.17 as a bonus, totaling $1,702 per eligible person. Below is a complete guide to eligibility, application, and payment schedules.
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What is the Alaska PFD?
The Alaska Permanent Fund was created in 1976 to preserve a share of the state’s oil revenue for future generations. The fund is managed by the Alaska Permanent Fund Corporation (APFC), which invests in stocks, bonds, real estate, and other assets.
Every year, 5% of the fund’s earnings is distributed to eligible residents as the Permanent Fund Dividend (PFD). This ensures that Alaskans benefit directly from the state’s natural resource wealth.
Eligibility Requirements for the 2025 PFD
To qualify for the 2025 PFD, residents must meet the following criteria:
- Must have been an Alaska resident for all of 2024.
- Physical presence in Alaska must be at least 180 days, unless absence is for approved reasons like study or medical care.
- Must have applied between February 1 and April 30, 2025. Late applications are not accepted.
- No felony or significant misdemeanor convictions during the qualifying year.
- Children can qualify if they meet residency requirements through their parents or guardians.
2025 PFD Payment Schedule
Alaska residents will receive payments according to their application status. The October 2025 payment schedule is as follows:
| Application Status | Payment Date |
|---|---|
| Residents missing payments until 2024 | By September 30, 2025 |
| Residents missing payments until September 18, 2025 | By October 2, 2025 |
| Residents missing payments until October 13, 2025 | By October 23, 2025 |
After these initial payments, additional distributions will continue monthly as more applications are approved.
Payment Amount for 2025
For 2025, the total PFD payment per person is $1,702, including:
- Standard portion: $1,403.83
- Bonus portion: $298.17
The exact amount may change each year depending on fund performance, but the payout formula remains 5% of the fund’s earnings.
Address and Banking Updates
To ensure timely payments, residents must update their mailing address and banking information before the payment date. Direct deposit is the fastest way to receive the PFD, but paper checks are also available for those who prefer them.
How to Apply for the 2025 PFD
Applications can be submitted online or offline, but online submissions are faster. Follow these steps:
- Visit pfd.alaska.gov and log in to your myAlaska account.
- Complete the application with your full name, address, proof of residency, and banking details.
- Upload supporting documents (such as proof of residency or identification).
- Review all information carefully and submit by April 30, 2025.
Common Application Mistakes
Avoid delays or rejections by checking these common issues:
- Missing the application deadline.
- Providing incorrect personal or banking information.
- Failing to report absences from Alaska.
- Not including proper residency documents.
Tax Information
The PFD is taxable by the federal government but not by the State of Alaska. Residents must report the PFD when filing federal taxes for 2025. It is recommended to pay any taxes due to avoid penalties or withholding issues.
What Happens If You Miss the Deadline?
Applications submitted after April 30, 2025, will not be accepted. Residents who miss the 2025 deadline must wait until January 1, 2026, to apply for the next year’s dividend.
FAQs
Alaska residents who meet residency, presence, and application requirements for 2025.
Payments begin October 2, 2025, and continue through October 23, 2025, based on application status.
Yes, the PFD is taxable at the federal level, but not by the State of Alaska.
