Marina
In October 2025, thousands of eligible U.S. residents, particularly in Alaska, will receive a $1,702 direct deposit stimulus payment through the Alaska Permanent Fund Dividend (PFD) program.
This initiative distributes a portion of the state’s oil revenue back to its residents, helping them with financial stability amid rising living costs. The payment amount for 2025 is $1,702, consistent with the dividend issued in 2024.
What Is the Alaska Permanent Fund Dividend?
The Alaska Permanent Fund Dividend (PFD) was created to ensure residents share in the benefits of the state’s oil revenue. Each year, qualifying residents receive a direct payment, which has become an important part of household income for many families.
For 2025, the total amount is $1,702, divided into two parts:
- Base Payment: $1,403.83
- Energy Relief Bonus: $298.17
This structure provides residents not only with an annual dividend but also with targeted relief to offset high energy costs in colder months.
October 2025 Payment Schedule
The $1,702 direct deposit payments will be distributed in batches based on application method and eligibility status.
| Payment Group | Payment Date | Eligibility Criteria |
|---|---|---|
| First Batch | October 2, 2025 | Applicants who filed online and chose direct deposit |
| Second Batch | October 23, 2025 | Applicants who filed by paper or opted for paper check |
| Final Disbursement | November 20, 2025 | Remaining eligible applicants who completed all requirements |
These payments are automatic for approved residents, and no additional action is needed once eligibility has been confirmed.
Eligibility Requirements for the $1,702 Stimulus Payment
To qualify for the 2025 PFD, residents must meet strict guidelines:
- Be a legal resident of Alaska.
- Have resided in Alaska for at least 72 consecutive hours during each of the previous two years.
- Must not have claimed residency in another state or country during the qualifying period.
- Must not have been convicted of a felony or incarcerated for certain offenses during the qualifying year.
The application period for the 2025 PFD was from January 2 to April 30, 2025. Those who missed the deadline will have to wait until the next application cycle, which opens on June 1, 2026.
Why This Payment Matters
The $1,702 stimulus payment is a lifeline for many households. Alaska is known for its high living costs, particularly in housing, energy, and groceries. The energy relief bonus of $298.17 is especially valuable as winter approaches, helping residents manage increased heating bills.
How to Apply for Future Payments
Residents who missed the 2025 deadline can prepare for the next cycle by:
- Visiting the official Alaska Department of Revenue website (pfd.alaska.gov).
- Submitting applications online for faster processing.
- Selecting either direct deposit or paper check as the preferred payment method.
Online applications are encouraged for quicker payments and reduced errors.
Tax Information
While the State of Alaska does not impose income tax on the PFD, the IRS treats the dividend as taxable income. Beneficiaries must report the full $1,702 on their federal tax returns for the 2025 tax year.
Failure to report the income may result in penalties. Tax professionals recommend setting aside a portion of the payment for tax obligations.
The $1,702 direct deposit stimulus payment under Alaska’s Permanent Fund Dividend program continues to provide financial relief to residents. With payments scheduled for October 2, October 23, and November 20, 2025, eligible households can plan ahead for this boost in income.
While modest, the combination of a base payment of $1,403.83 and an energy relief bonus of $298.17 ensures residents receive both long-term and seasonal support.