The 2025 Alaska Permanent Fund Dividend (PFD) is a major event for residents across the state. With a confirmed payout of $1702 per eligible person, this year’s dividend brings a meaningful financial boost to households. Funded by oil revenues, the PFD is Alaska’s way of sharing its natural resource wealth with its people. But getting your payment means knowing the rules, deadlines, and steps involved.
Overview
Here’s a snapshot of the key details for the 2025 PFD:
| Key Detail | Information |
|---|---|
| PFD Amount for 2025 | $1702 |
| Eligibility Requirements | Alaska residency, no disqualifying felony, timely application |
| Application Period | February to May 2025 |
| Payment Date | February 2025 (est.) |
| Application Methods | Online or paper application via Alaska PFD website |
| Tax Info | Taxable by IRS, not taxed by the state of Alaska |
The 2025 PFD isn’t just extra cash—it’s part of a long-standing effort to ensure Alaskans benefit from their state’s resources.
What
The Alaska Permanent Fund Dividend is a yearly cash payment distributed to eligible Alaska residents. Established in 1976, the Permanent Fund collects and invests a portion of the state’s oil revenue. The PFD takes earnings from this fund and shares them with Alaskans who meet the requirements.
For 2025, the payout is $1702. It’s not just a handout—it’s a dividend from oil wealth that belongs to every eligible resident.
History
The Permanent Fund was created after Alaska passed a constitutional amendment in 1976. The idea was to save part of the oil revenue for future generations. Since 1982, Alaskans have received annual dividends, with amounts that change based on the fund’s investment returns and state decisions.
The PFD has become a reliable source of income for many families, especially in rural communities where job opportunities may be limited.
How it works
The process behind the PFD is straightforward:
- Oil revenues are collected and invested by the Alaska Permanent Fund Corporation (APFC)
- A portion of the investment returns (usually around 5%) is set aside for the annual dividend
- The payout amount is determined based on available funds and state decisions
In 2025, the dividend is $1702—an increase from some prior years due to improved oil prices and investment gains.
Eligibility
Wondering if you qualify? Here’s what the state requires:
1. Residency
You must have lived in Alaska for the entire 2023 calendar year and remain a resident when applying. Some absences, like military service or educational travel, are allowed with documentation.
2. Criminal History
If you’ve been convicted of certain felonies or incarcerated for most of the year, you may not be eligible. Felony convictions can impact your eligibility, depending on the circumstances.
3. Application Required
Even if you meet the criteria, you still have to apply. The application period runs from February through May 2025. Miss the deadline and you miss the payment—no exceptions.
Amount
This year’s dividend is set at $1702. Here’s how that compares to past years:
| Year | PFD Amount |
|---|---|
| 2023 | $1312 |
| 2024 | $1380 |
| 2025 | $1702 |
The amount varies each year depending on fund performance and state budgeting decisions.
Payment
Payments are expected to begin in February 2025, although exact dates can vary slightly.
Delivery Methods:
- Direct Deposit: Fastest option if you’ve provided your bank info
- Paper Check: Mailed to the address you listed in your application
Make sure your bank and mailing info are correct to avoid delays.
Apply
Applying for your 2025 PFD is simple. Here’s what you need to do:
Step 1
Head to the official Alaska PFD application page and log in or create an account.
Step 2
Answer questions about your residency, absences, income, and other eligibility details. Be honest and accurate.
Step 3
If you were out of Alaska during 2023 or have special circumstances, you may need to upload documentation explaining your absence.
Step 4
Don’t miss the deadline. Late applications are not accepted under any circumstances.
Mistakes
Common errors that can delay or prevent your payment include:
- Applying after the deadline
- Incorrect or incomplete residency info
- Failing to update your direct deposit or mailing address
Double-check everything before submitting.
Taxes
While Alaska doesn’t tax the PFD, the federal government does. The IRS considers the PFD as taxable income. So when tax time rolls around, make sure to report it.
If you’re unsure about how to handle the PFD on your taxes, consult a tax pro or use tax software that walks you through it.
The 2025 PFD offers a welcome $1702 boost to eligible Alaska residents. But to receive it, you must understand the eligibility rules, apply on time, and keep your information updated. Whether you use the funds for bills, groceries, or saving, the PFD is a unique benefit of living in Alaska—and it’s worth taking seriously.
FAQs
How much is the 2025 Alaska PFD?
The 2025 PFD is $1702 per eligible resident.
When is the PFD application deadline?
Applications must be submitted by May 2025.
Who qualifies for the PFD?
Alaska residents who meet residency and legal requirements.
Is the PFD taxable?
Yes, it’s taxable by the IRS but not by the state of Alaska.
How do I apply for the PFD?
Apply online through the official Alaska PFD website.
