Alaska plans to issue a $1,702 payment to eligible residents on August 21, 2025, through the Permanent Fund Dividend (PFD) program. While this payment is not a federal stimulus check, it offers direct financial relief to Alaskans using earnings from the state’s oil and gas investments.
This year’s total payment consists of a $1,440 main dividend, and residents will also receive a $262 energy assistance bonus. This added amount helps individuals manage high fuel and utility expenses. Approximately 600,000 residents are expected to benefit from this financial support in the August payout.
To receive the payment, residents must meet several criteria. They need to maintain Alaska residency throughout 2024 and must not claim residency in another state. They should also avoid spending more than 180 days outside of Alaska in 2024. Moreover, they must have stayed in Alaska for at least 72 uninterrupted hours during either 2023 or 2024. Individuals with certain felony convictions or legal disqualifications will not qualify.
Those whose application status reads “Eligible – Not Paid” by August 13 will receive the payment on August 21. The state already sent out early deposits in June and July based on when people submitted their applications. Officials advise residents to visit the myPFD portal to check their status and confirm eligibility.
Alaska established the Permanent Fund in 1976 to share the profits from its natural resource industries with residents. The annual payment amount varies depending on investment returns and decisions made by state lawmakers each year.
Residents who miss this year’s payment can still apply next time. The application window for the 2026 dividend opens on January 1 and closes on March 31, 2026. Applicants can complete the process online through the official myPFD portal. Submitting the application early and verifying eligibility can help ensure they don’t miss out on the next round of payments.
Here’s a summary of the key details:
- Payment amount: $1,702 (includes a $262 energy bonus)
- Deposit date: August 21, 2025
- Status must show “Eligible – Not Paid” by August 13
- Must live in Alaska for all of 2024
- Cannot claim residency in another state
- Cannot spend more than 180 days outside Alaska in 2024
- Must be physically present in Alaska for at least 72 hours in 2023 or 2024
- Next application period: January 1 to March 31, 2026
