June Stimulus Payment: People living in Alaska are getting more money this year from the Permanent Fund Dividend, also known as the PFD. This yearly payment comes from oil and gas money the state earns. In 2025, every eligible person in Alaska will get $1,702, which is about 30% more than they got the year before.
The money is split into two parts. The first part is the regular dividend, which is $1,403.83. The second part is a bonus payment of $298.17. This extra amount was added to help people deal with high energy prices, since heating and power can cost a lot more in Alaska than in other states.
The PFD has been around since 1976. The goal of the program is to make sure that Alaskans get to share the wealth made from the state’s oil. It’s not just a simple cash payment. It helps families afford what they need, and it also helps the Alaska economy because people spend the money in their towns and cities.
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This money often goes toward groceries, bills, and other important stuff, so it really does make a difference. The Alaska Permanent Fund Corporation manages the money and makes sure it is used properly. They also take care of making the payments each year.
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Not everyone gets the money, you have to meet certain rules to qualify. People who want to get the 2025 PFD must have lived in Alaska the whole year before applying. They also have to plan to stay in Alaska and live there for good.
To qualify, they must have been:
- In the state for at least 72 hours sometime in the past two years.
- If someone went to jail for a felony in the past year, or if they had more than two misdemeanor charges since 1997, they can’t get the money.
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People had from January 1 to March 31, 2025, to fill out their applications. They could do it online at the PFD website or send it by mail. The last day to apply was April 1. After that, all the applications are reviewed. If someone applied for the 2024 or earlier PFD and their status says “Eligible-Not Paid” by June 11, 2025, then they will get their money on June 18. That’s what the program’s website says.