June 2025 is going to be a very special month for the citizens of Alaska. According to the announcement of the Alaska Permanent Fund Dividend (PFD) to be distributed by the state government, eligible residents will be given a total financial assistance of $1,702 this year. This payment is a type of revenue-sharing model designed to directly deliver dividends from the state’s oil and mineral resources to the public. Although it cannot be called a federal stimulus check, its effects are no less than any government relief scheme. The scheme aims to provide an economic recognition to the citizens of Alaska for their hard work and their commitment to the state. This payment is like a sigh of relief for those citizens who are struggling to meet the daily needs of their families in the face of inflation, rising energy costs and difficult climatic conditions.
The $1,702 Stimulus Check consists of two major parts: Know in detail
This year’s payment is divided into two parts—the first part is the ‘Regular Dividend,’ amounting to $1,403.83. This amount is paid from the investment income of Alaska’s Permanent Fund, which was established by the state in 1976. This fund not only preserves the state’s revenue but also ensures economic stability by delivering it to the public in the form of dividends. The second part is the ‘Energy Relief Bonus,’ amounting to $298.17. This amount is given to help families who are struggling with rising electricity, fuel and heating costs. In a cold and remote state like Alaska where fuel and electricity prices are much higher than average, this bonus acts like a lifesaver.
It is important to understand that the Energy Relief Bonus is not a permanent payment. It is given only in those years when energy prices inside the state become abnormally high. In view of the ever-increasing inflation and energy costs in 2025, the state government has re-implemented it. By adding both the amounts, eligible citizens will receive a total direct relief of $1,702.
Who is eligible for this payment? Know all the eligibility conditions.
The Alaska PFD is given only to those citizens who fall within the legal and geographical boundaries of the state and who have resided in Alaska for the entire year 2024. To ensure that this amount reaches only eligible and true citizens, the state government has set strict eligibility conditions. The first condition is that the person must have resided in Alaska for the entire 2024 calendar year. Although temporary stays outside are allowed in some cases—such as military service, education or medical treatment—the person’s permanent residence status must be Alaska.
In addition, the applicant must be physically present in Alaska for at least 72 hours in the last 24 months. This requirement is proof that the applicant has actually maintained ties to the state and is not just trying to take advantage by filling out a form. If a person obtains a driver’s license, voter registration, or Real ID in another state, this is considered a termination of residency in Alaska, and the person may be disqualified.
Most importantly, the applicant’s conduct must be lawful. If a person has a serious criminal conviction in 2024—such as a criminal offense—he or she may be ineligible for that year’s PFD. This policy ensures that only responsible and socially accountable citizens can benefit from the state’s resources.
Application Process and Important Dates: Do Everything on Time
Completing the application process on time and correctly is mandatory to avail the benefits of this scheme. Applications for PFD started on January 1, 2025 and continue till March 31, 2025. For those who have sent the application by mail, the postmark date on their form will be considered valid till April 1. Payment will be given on June 18, 2025, to those whose application status has been updated as “Eligible-Not Paid” by June 11, 2025.
Those receiving payment through direct deposit usually get the amount on the same day, while those receiving payment by paper check may have to wait a few extra days due to the postal system.
Will I have to pay tax on this amount? Know the truth.
The Alaska PFD is tax-free at the state level, but it is not exempt from federal income tax. The Internal Revenue Service (IRS) considers this amount as taxable income and it is required to show it in Form 1040. If a child has received this amount, then it is also taxed separately, and parents should include this amount in their tax return. The Alaska Department of Revenue issues Form 1099-MISC every year in January, making tax filing easier.
If a person does not include this amount in his income, he may have to pay a penalty or interest to the IRS. Therefore, citizens are advised to keep all their tax documents safe and file taxes on time.
Impact on local economy: Not just a check, but an economic boost
The benefits of PFD are not limited to personal finances. It provides stability to the entire economy of the state, especially in rural and economically backward areas where the cost of living is very high. In such areas, this payment helps in paying for fuel and food items. It helps buy warm clothes, repairs and meet children’s school needs. Many families also use the money to pay off credit card debt, start a savings account or invest in a small business.
The most important aspect of this payment is that it is given equally to every eligible person—whether he is unemployed, a student or a retired person. In this way, it also helps reduce income inequality in the state and creates social balance.
Final warning: What mistakes are important to avoid?
Despite the accessibility of the scheme, many times people make some common mistakes that may lead to rejection of their application. Below are some things to pay special attention to:
To ensure eligibility, do these things:
- Maintain residency in the state throughout the year.
- Comply with all legal tax responsibilities.
- Keep travel documents safe.
- Apply on time with accurate information.
These mistakes can exclude you:
- Getting an ID card made in another state
- Having a serious criminal record
- Leaving the form incomplete or missing the deadline
- Not updating bank/address information
Conclusion: This is a golden opportunity for the citizens of Alaska.
The Alaska Permanent Fund Dividend (PFD) 2025 is not just a financial aid; it is a symbol of mutual trust and partnership between the state and the citizens. This payment not only makes life easier but also ensures equitable distribution of state resources. If you are an eligible Alaska resident and have followed all the conditions, this amount of $1,702 will bring great relief to you. Just make sure that your status becomes “Eligible-Not Paid” by 11th June 2025 so that your payment on 18th June reaches your account without any delay.
FAQs
Q. What is the total amount of the Alaska PFD payment in June 2025?
A. The total payment is $1,702, which includes a $1,403.83 regular dividend and a $298.17 energy relief bonus.
Q. Who is eligible to receive the 2025 Alaska PFD payment?
A. Applicants must have been Alaska residents for the entire year of 2024 and meet all residency and legal conduct requirements.
Q. When will the 2025 PFD payment be issued?
A. Payments will be made on June 18, 2025, for eligible applicants marked as “Eligible-Not Paid” by June 11, 2025.
Q. Is the Alaska PFD payment taxable?
A. Yes, it is subject to federal income tax and must be reported on your IRS tax return.
Q. Can a person be disqualified from receiving the PFD?
A. Yes, disqualifications may occur due to felony convictions, residency violations, or incorrect/incomplete applications.
