In 2025, Alaska is offering a much-needed financial boost through its Permanent Fund Dividend (PFD) program. Eligible residents will receive $1,702, distributed in two payments—one in May and the other in October. This special economic relief reflects the state’s commitment to sharing profits from natural resources, particularly oil, with its people.
Table of Contents
Dividend
The Alaska Permanent Fund was created in 1976 to save and invest revenue from the state’s oil wealth for future generations. The Alaska Permanent Fund Corporation (APFC) manages this fund and invests globally in real estate, stocks, bonds, and other assets.
Each year, a portion of the earnings is given back to residents in the form of a dividend—known as the PFD. This yearly payout has become a valuable financial resource for Alaskans, and in 2025, it’s getting a little extra.
Amount
The 2025 PFD is set at $1,702 per person. Here’s how it breaks down:
- $1,403.83 comes from the regular dividend
- $298.17 is a one-time energy relief bonus
This payment is based on the fund’s performance in 2024, and while exact figures can change slightly, this is the expected amount.
Eligibility
To receive the 2025 PFD, you must meet these requirements:
- You must have lived in Alaska for the entire 2024 calendar year.
- You need to state that you plan to remain in Alaska permanently.
- You must have been physically present in Alaska for at least 72 hours in either 2023 or 2024.
- If you were out of state for more than 180 days, you must provide a valid reason—such as school, medical treatment, or military duty.
- You must not have been convicted of a felony or had multiple minor criminal offenses in 2024.
- Each person, including children, must submit a separate application.
Be careful: if you have a REAL ID or driver’s license from another state, your eligibility might be questioned.
Application
Applying for the PFD is a simple online process. Here’s how to do it:
- Visit the official website: pfd.alaska.gov
- Sign in or create a myAlaska account.
- Fill out the application with your personal details, banking info, and proof of residency.
- If you were temporarily outside Alaska, upload documents to support your absence.
- Review everything carefully before submitting.
The deadline to apply is April 2025. No late applications are allowed.
Payment
When you get your payment depends on your application status:
| Status Updated By | Payment Date |
|---|---|
| April 9, 2025 | April 17, 2025 |
| May 7, 2025 | May 15, 2025 |
| June 11, 2025 | June 18, 2025 |
If your application is marked “Eligible-Not Paid” by one of these deadlines, your payment will arrive on the corresponding date.
Mistakes
Avoid common mistakes that could delay or cancel your payment:
- Applying after the deadline
- Entering outdated or incorrect banking info
- Failing to disclose out-of-state travel
- Submitting incomplete or missing documentation
Every small detail counts—double-check everything before submitting.
Taxes
While Alaska doesn’t tax the PFD, the IRS does. That means the $1,702 payment counts as taxable income. If your income is high enough to file taxes, this amount must be included in your 2025 return. Plan ahead to avoid surprise tax bills next year.
Missed
If you miss the application deadline, unfortunately, there are no second chances. Alaska does not allow late submissions. You’ll have to wait for the 2026 application period instead.
FAQs
What is the 2025 PFD amount?
It’s $1,702 including a $298.17 energy bonus.
When is the PFD application deadline?
The deadline is in April 2025.
Who qualifies for the 2025 PFD?
Those who lived in Alaska all of 2024 and meet other rules.
Is the PFD taxable income?
Yes, the IRS requires it to be reported on tax returns.
Can I apply after the deadline?
No, late applications are not accepted by the state.
