The Permanent Fund Dividend (PFD) benefits Alaska residents, distributing a share of the state’s oil and gas revenue.
For 2025, eligible residents will receive $1,702, an increase from the $1,312 paid in 2024.
However, not everyone qualifies, and strict residency and legal requirements must be met.
Eligibility Requirements for the 2025 PFD
To receive the $1,702 payment, applicants must meet the following conditions:
- Alaska Residency – You must be a registered Alaska resident and have lived in the state for at least 12 continuous months before applying.
- Intent to Stay – You must plan to remain in Alaska permanently and cannot have applied for residency in another state or country.
- Time in Alaska – You must have spent at least 72 hours in the state during the last two years.
- Criminal Record – You cannot have a felony conviction in the past 12 months or more than two misdemeanors since 1997.
Related:
- IRS to Distribute Automatic $1,400 Stimulus Payments to Eligible Taxpayers in February 2025
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Considerations to Note
If claiming the PFD for a deceased family member, legal documentation from the Probate Court in their county of residence may be required.
The Alaska Department of Revenue reviews all applications to ensure compliance, and failure to meet the criteria may result in denial.
How to Apply?
Residents can apply online through the Alaska Department of Revenue’s website. Applications must include proof of residency and other supporting documents as required.
The $1,702 payment is part of the state's effort to share natural resource revenues with its citizens, and more than 600,000 Alaskans are expected to benefit.
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