$1702 Direct Deposits Confirmed After Stimulus Checks: Alaska residents are in for a financial boost in 2025 with the Permanent Fund Dividend (PFD) program paying out $1,702 per person. This cash, drawn from the state’s oil and gas revenue, helps families cover costs like heating, groceries, and bills. Unlike federal stimulus checks, the PFD is an annual payment for eligible Alaskans, with direct deposits confirmed for 2025. The Alaska Department of Revenue has announced official payment dates, starting as early as February. Here’s who qualifies, when the money lands, and how to make sure you get it.
What Is the PFD Payment?
The Permanent Fund Dividend, started in 1982, shares Alaska’s oil wealth with residents. In 2025, the payment is $1,702, made up of a $1,403.83 regular dividend and a $298.17 energy relief bonus to help with high fuel costs. This program, managed by the Alaska Permanent Fund Corporation, supports over 600,000 Alaskans each year. The $1,702 is taxable by the IRS, so you’ll need to report it on your 2025 federal taxes. Unlike one-time stimulus checks, the PFD is a steady annual boost that helps families and sparks local spending, like at retail stores and restaurants.
Who Can Get the $1,702?
To grab this payment, you need to meet Alaska’s rules:
- Live in Alaska for all of 2024 and plan to stay permanently.
- Spend at least 72 straight hours in Alaska during 2023 or 2024.
- Have no felony convictions or multiple misdemeanors in 2024.
- Apply by March 31, 2025, at pfd.alaska.gov or by mail.
If you’re out of state for over 180 days, you’ll need a valid reason, like military service or college. Having a driver’s license from another state could disqualify you. Kids and adults get the same amount, so a family of four could receive $6,808.
2025 Payment Schedule
The Alaska Department of Revenue has set these payment dates for 2025:
|
Status Date |
Payment Date |
|---|---|
|
Eligible-Not Paid by Feb 12 |
Feb 20, 2025 |
|
Eligible-Not Paid by Mar 12 |
Mar 20, 2025 |
|
Eligible-Not Paid by Apr 9 |
Apr 17, 2025 |
|
Eligible-Not Paid by May 7 |
May 15, 2025 |
|
Eligible-Not Paid by Jun 11 |
Jun 18, 2025 |
|
Eligible-Not Paid by Jul 9 |
Jul 17, 2025 |
Direct deposits are fastest, hitting accounts on the payment date. Paper checks may take a week or two longer. Check your status on myPFD.alaska.gov to ensure your application is marked “Eligible-Not Paid” by the cutoff dates.
How to Secure Your Payment
To get your $1,702 without delays, follow these steps:
-
Apply online at pfd.alaska.gov between January 1 and March 31, 2025.
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Update your bank details for direct deposit to avoid slow paper checks.
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File your 2024 taxes by April 15, 2025, to report income and avoid issues.
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Check your application status on myPFD.alaska.gov by mid-July if funds don’t arrive.
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Avoid scams—only use official sites like pfd.alaska.gov or IRS.gov.
If you miss the March 31 deadline, you’ll have to wait until 2026. Double-check your Social Security number and residency proof to prevent rejections.
What Alaskans Are Saying
The PFD is a big deal in Alaska, with folks on X calling it “a game-changer for winter bills.” One user said, “$1,702 pays my heating for months!” Another wrote, “It’s like a bonus for living here, helps with groceries.” Some wish for higher amounts, like the $3,900 proposed by Governor Dunleavy, but the confirmed $1,702 is a 30% jump from 2023’s $1,312. The payment boosts local businesses, with a University of Alaska report noting increased sales at stores and restaurants after PFD payouts. However, rumors of a $1,717 or $2,000 payment are false—stick to official sources.
The 2025 PFD’s $1,702 payment is a major help for Alaskans, starting February 20 for direct deposits. With clear eligibility rules and a set schedule, it’s easy to plan for. Apply by March 31, update your bank info, and check your status to ensure you get the cash. This program not only helps families but also pumps over $1 billion into Alaska’s economy. Visit pfd.alaska.gov for updates and start preparing now to claim your share of this unique benefit!