The Permanent Fund Dividend (PFD) stimulus checks for 2025 have been authorized, with amounts ranging between $1,000 and $3,900 per person. More than 600,000 Alaska residents will receive these funds, which come from the state’s oil revenues. Estimated delivery dates begin in October, according to the program’s historical calendar.
The exact amount will depend on legislative formulas and the performance of investments. In 2024, the payment combined a base dividend and an energy supplement, totaling $1,702. For 2025, preliminary projections indicate two possible scenarios: $1,400 if a partial distribution is made or $3,900 if the full formula is applied.
Official sources emphasize that historical payments vary depending on oil profits. In 2022, the PFD included an additional $650 for energy assistance, reaching a total of $3,284. In contrast, the amount in 2023 was $1,312, while in 2021 and 2020 it was close to $1,000.
When would PFD stimulus payments arrive in 2025?
Direct deposits for 2025 would begin on October 3, followed by physical checks starting on October 26. To access the benefit, applicants must prove continuous residency in Alaska throughout 2024 and express intention to remain in the state.
Absences of up to 180 days are allowed, with exceptions for education, health or military service. Additionally, a minimum physical presence of 72 consecutive hours is required in 2023 or 2024. Those who have felony convictions in 2024 or are incarcerated for certain misdemeanors are excluded.
The process verifies immigration status: only US citizens, permanent residents or refugees can apply. Applications were received between January 1 and March 31, 2025. Those who did not meet the deadline must wait until 2026.
This is a list of Alaska’s Permanent Fund Dividend (PFD) amounts for the last ten years (2015–2024):
- 2024: $1,702
- 2023: $1,312
- 2022: $3,284
- 2021: $1,114
2020: $992 - 2019: $1,606
- 2018: $1,600
- 2017: $1,100
- 2016: $1,022
- 2015: $2,072
When was this stimulus payment program created?
The Permanent Fund Dividend (PFD) was established in 1976 to distribute oil profits to Alaska residents. Its origin dates back to 1969, when the state obtained $900 million for leases in Prudhoe Bay. Initially, those funds were earmarked for infrastructure, but the need for a long-term strategy prompted the creation of the permanent fund.
In 1977, the first deposit was $734,000, invested mainly in bonds. The Alaska Permanent Fund Corporation, created in 1980, manages investments independently. The first dividend was paid in 1982, after legal adjustments: $1,000 for each eligible resident, following a court ruling that nullified payments that depended on years of residence.
In 2024, the Permanent Fund Dividend (PFD) of Alaska distributed a total of $1,062,880,278 to eligible residents. Each beneficiary received $1,702, which included a base dividend of $1,403.83 and an additional energy relief payment of $298.17. This amount was appropriated by the Alaska Legislature and reflected a significant increase over the previous year. More than 600,000 residents were deemed eligible to receive this payment in 2024.