Alaska’s Permanent Fund Dividend (PFD) program is one of the nation’s most unique forms of recurring direct payments, funded by state oil revenue.
In 2025, the dividend rises by 30 percent, delivering $1,702 per eligible resident, providing vital support in Alaska’s high-cost environment.
What Explains the 30% Payout Increase in 2025?
The 2025 PFD consists of two components: a base dividend of $1,403.83, coupled with a $298.17 energy relief bonus intended to offset rising energy costs.
This combination results in a total of $1,702, up significantly from the $1,312 payout in 2024.
Historical Dividend Highlights
| Year | PFD Amount | Notes |
|---|---|---|
| 1984 | $331.29 | Lowest ever payout |
| 2021 | $1,114 | Reflects lower fund performance |
| 2022 | $3,284 | Record high with extra energy bonus |
| 2023 | $1,312 | Preceding year baseline |
| 2025 | $1,702 | Includes energy assistance boost |
These amounts reflect how Alaska’s PFD has fluctuated based on fund performance, legislation, and economic needs.
Who Qualifies for the 2025 PFD?
Eligibility applies to residents who:
- Lived in Alaska for the full 2024 year
- Maintained physical presence for at least 72 continuous hours
- Have no disqualifying felony convictions
- Submitted an application by March 31, 2025
It is expected that around 600,000 residents, or roughly 82 percent of Alaska’s population, will receive the dividend. In 2024, the program injected an estimated $1 billion into the state economy.
PFD Disbursement Schedule for 2025
| Application Status Date | Payout Date |
|---|---|
| Eligible by March 12 | March 20 |
| Eligible by May 7 | May 15 |
| Eligible by August 13 | August 21 |
First payments through direct deposit go out first, followed by paper checks in the same month.
Why PFD Matters for Alaskans
Alaska’s high cost of living—especially in rural areas—makes the PFD a lifeline. Families of four could receive up to $6,808 in 2025 through individual dividends.
The energy bonus portion especially helps with unpredictable fuel and heating costs. These payments support economic stability and consumer spending, reinforcing local economies.
How to Monitor Your Application
Residents can use the myPFD portal to:
- Track application status
- Update mailing or banking information
- Access payment history and 1099-MISC forms for tax purposes
When questions arise, contacting the Alaska Department of Revenue or visiting local distribution centers ensures timely assistance.
Alaska’s 2025 PFD brings meaningful relief, offering $1,702 per eligible person—a 30% increase over the prior year.
Funded by oil earnings, the combined base dividend and energy bonus reflect robust fiscal health and legislative commitment.
These payments deliver practical support where costs are highest, reinforcing the PFD program’s unique role in Alaskan life.
FAQs
Why is the 2025 PFD 30% higher than last year?
Because it includes a base dividend of $1,403.83 plus a $298.17 energy relief bonus, totaling $1,702 compared to $1,312 in 2024.
Who is eligible to receive the 2025 PFD?
Residents who lived in Alaska all of 2024, spent at least 72 continuous hours in-state, had no felony convictions, and applied by March 31, 2025.
When will the 2025 PFD be paid out?
Payments begin via direct deposit around March 20, followed by subsequent batches in May and August, with paper checks processed in the respective months.