As the leaves start to turn and the air gets crisp, thousands are gearing up for a little extra jingle in their pockets—thanks to the state’s famous Permanent Fund Dividend (PFD).

The payment adds up to $1,702 this year, and the first wave of deposits is right around the corner.

Thousands are already checking their eligibility as the September 11 payout date draws near.


Imagine a state so rich in natural resources that it shares the wealth with its people every year. That’s Alaska for you!

Since 1982, the PFD has been a unique annual payout to eligible Alaskans, funded by the state’s oil and mineral revenues. It’s a way of saying, “Thanks for sticking around through the long winters and the midnight sun!”

This year, the PFD is worth a cool $1,702 per person. The payment is split into two parts: a base benefit of $1,403.83 and an energy relief bonus of $298.17.

That’s a nice chunk of change to help with heating bills, groceries, or maybe even a little treat for yourself.


Here are some important eligibility requirements:

1. Residency: You must intend to remain an Alaska resident indefinitely. If you’ve claimed residency in another state during 2024, you’re out of luck.
2. Physical Presence: You need to have spent at least 72 consecutive hours in Alaska between 2023 and 2024.
3. Criminal Record: If you were imprisoned for a felony in 2024 or incarcerated for a misdemeanor following a previous felony, you’re not eligible.
4. Application: The application window for this year closed on August 31, but if you missed it, mark your calendar for June 1, 2026, when the next window opens.

The PFD is paid out in several waves, depending on your application status:

• First Wave: If your application status is “Eligible-Not Paid” as of September 11, you’ll see your payment hit your account on that date.
• Second Wave: If you’re “Eligible-Not Paid” by September 18, your payment arrives October 2.
• Third Wave: If you’re still waiting and your status is “Eligible-Not Paid” on October 13, you’ll get paid on October 23.

You can check your application status online through the official PFD portal. (Pro tip: Bookmark the site for easy access next year!)


Also read: Some Americans could see another round of payments soon—but there’s a catch

The PFD is more than just an extra check—it’s a reflection of Alaska’s resource management. By sharing profits from oil and minerals, the program offsets high living costs and helps families put down roots. Roughly 600,000 people benefit each year, making it one of the most unique programs in the country.

If you didn’t apply in time, don’t despair! The next application window opens June 1, 2026. In the meantime, make sure you meet all the eligibility requirements, keep your residency status clear, and set a reminder so you don’t miss out again.

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Are you an Alaskan who’s received the PFD? How do you use your annual payout? Or maybe you’re considering a move to Alaska just for the dividend (we wouldn’t blame you!).