Every year, Alaskans look forward to one of the state’s most unique financial benefits—the Permanent Fund Dividend (PFD). In 2025, eligible residents can expect a projected payout of $1,702, combining a base dividend of $1,403.83 with an energy relief bonus of $298.17.
The PFD reflects Alaska’s approach to sharing oil revenues with its residents, helping households manage expenses while preserving wealth for future generations. If you’re planning to apply or simply want to stay informed, here’s a breakdown of everything you need to know.
What Is the Alaska PFD?
Established in 1976, the Alaska Permanent Fund was created to invest a portion of the state’s oil revenues. Managed by the Alaska Permanent Fund Corporation (APFC), the fund generates annual returns, a portion of which are distributed directly to residents through the PFD.
In 2025, the payment includes:
- Base Dividend: $1,403.83
- Energy Relief Bonus: $298.17
- Total: $1,702 (projected)
Who Is Eligible for the 2025 PFD?
To qualify, residents must meet several key conditions:
| Eligibility Requirement | Details |
|---|---|
| Residency | Must have lived in Alaska for the entire 2024 calendar year |
| Intent to remain | Must plan to remain an Alaska resident permanently |
| Physical presence | Must have been physically present in Alaska for at least 72 hours in 2023 or 2024 |
| Absences | No more than 180 days out of state unless for approved reasons (military, education, medical) |
| Criminal status | Cannot have felony convictions or multiple misdemeanors in 2024 |
Note: Each person—including children—must submit a separate application.
2025 PFD Payment Schedule
Payment timing is based on when your application is processed and marked eligible.
| Status Confirmed By | Payment Date |
|---|---|
| April 9, 2025 | April 17, 2025 |
| May 7, 2025 | May 15, 2025 |
| June 11, 2025 | June 18, 2025 |
How to Apply for the Alaska PFD
The application window is open from February to April 2025. Here’s how to apply:
- Visit pfd.alaska.gov
- Log in or create a myAlaska account
- Fill out the application form accurately
- Upload any required documents
- Verify banking, mailing, and residency details
- Submit before the deadline
No late applications will be accepted.
Common Mistakes to Avoid
To ensure you receive your payment, watch out for these pitfalls:
- Missing the application deadline
- Failing to report extended absences
- Providing incorrect bank or mailing details
- Lacking proof of Alaska residency
- Disqualifying criminal convictions
Tax Implications of the PFD
While Alaska does not tax your PFD, it is taxable at the federal level.
- Report it as “Other Income” on your federal tax return
- Parents should be aware of kiddie tax rules for dividends received by children
- You may need to adjust your withholdings or estimated tax payments
Why the PFD Matters
The Permanent Fund Dividend isn’t just a financial bonus—it’s part of a state philosophy that shares resource wealth with all residents. For many households, it helps cover heating bills, holiday expenses, or savings goals.
Miss the deadline, and you miss out on over $1,700 per person—a major boost for Alaska families.
FAQs
Can I apply if I was out of state for work or school?
Yes, if your absence qualifies (military, education, medical) and proper documentation is provided.
What if I move after applying?
You must intend to stay in Alaska. Leaving the state before receiving the PFD could disqualify you.
Is the amount guaranteed every year?
No. The amount varies depending on oil revenues, market performance, and legislative decisions.
