Hey there! Big news for Alaskans in 2025: a $1,702 stimulus payment is coming your way through the Alaska Permanent Fund Dividend (PFD) program. This isn’t your typical federal stimulus check—it’s a unique Alaskan tradition that shares the state’s oil wealth with its residents. Whether you’re planning to use this cash for groceries, bills, or maybe a new fishing rod, this guide breaks down all the details in simple, easy-to-read language. Let’s dive into the who, what, when, and how of this exciting payment!
What Is the $1,702 Stimulus Payment?
The $1,702 payment is part of Alaska’s Permanent Fund Dividend (PFD) program, which gives residents a share of the state’s oil and gas profits. Think of it as Alaska saying, “Here’s your cut of our natural resource wealth!” The program started in 1976 to save oil money for future generations, and today, it’s managed by the Alaska Permanent Fund Corporation (APFC). In 2025, this payment includes a regular dividend of $1,403.83 plus a $298.17 energy relief bonus to help with rising fuel costs. Cool, right?
Why Is This Payment Important?
This cash injection helps Alaskans cover everyday expenses like food, rent, or heating bills, especially in rural areas where costs can be sky-high. It’s like a financial high-five from the state, boosting local businesses and making life a bit easier during tough economic times.
Who Can Get the $1,702 Payment?
Not everyone in the U.S. qualifies—this payment is exclusive to Alaska residents. Here’s what you need to do to grab your share:
- Live in Alaska Full-Time: You must have lived in Alaska for all of 2024 and plan to stay permanently.
- Spend Time in Alaska: You need to have been in the state for at least 72 hours in 2023 or 2024.
- Stay Out of Trouble: No felony convictions in 2024, and no serious criminal record.
- Apply on Time: Applications for 2025 closed on March 31, 2025. Sorry, no late entries allowed!
- Avoid Long Absences: You can’t be out of Alaska for more than 180 days unless it’s for approved reasons like school or military service.
Each person, including kids, needs their own application. So, if you’ve got a family, make sure everyone applies!
July 2025 Payment Schedule
Wondering when the money will hit your bank account? Here’s the full schedule for 2025 PFD payments, including the July payout:
| Application Status | Eligibility Check Date | Payment Date |
|---|---|---|
| Eligible – Not Paid | April 9, 2025 | April 17, 2025 |
| Eligible – Not Paid | May 7, 2025 | May 15, 2025 |
| Eligible – Not Paid | June 11, 2025 | June 18, 2025 |
| Eligible – Not Paid | July 9, 2025 | July 17, 2025 |
| Eligible – Not Paid | August 13, 2025 | August 21, 2025 |
Pro Tip: Sign up for direct deposit to get your money faster. Paper checks take longer to arrive!
How to Check Your Payment Status
Want to make sure you’re on the list? Visit pfd.alaska.gov and log into your myAlaska account. Check your application status to confirm it says “Eligible – Not Paid” by July 9, 2025, to get your payment on July 17. If something’s off, contact the Alaska Department of Revenue’s PFD Division ASAP to sort it out.
Tax Talk: Is the Payment Taxable?
Here’s the deal: Alaska doesn’t tax the PFD, which is awesome. But the IRS considers it taxable income, so you’ll need to report it on your 2025 federal tax return. Save your PFD notice for your tax preparer, and consider adjusting your tax withholding to avoid surprises next tax season.
Fun Ways to Use Your $1,702
This payment is like finding a treasure chest in your backyard! Alaskans often use it for:
- Essentials: Groceries, rent, or utility bills.
- Fun Stuff: A new snowmobile, fishing gear, or a weekend getaway.
- Savings: Stashing it away for a rainy day or investing in Alaskan coins for collectors.
Whatever you choose, this cash can make a big difference!
FAQs About the $1,702 Stimulus Payment
Is this a federal stimulus check?
Nope! It’s part of Alaska’s PFD program, funded by state oil revenue, not the federal government.
Can I apply for the July 2025 payment now?
Sorry, the application window closed on March 31, 2025. Mark your calendar for next year’s cycle (January 1–March 31, 2026).
Do kids get the payment too?
Yes! Every eligible person, including children, gets $1,702, but they need their own application.
What if I miss the July payment?
Don’t worry—there’s another chance on August 21, 2025, if your application is marked “Eligible – Not Paid” by August 13.
How can I avoid delays?
Double-check your banking info, submit all required documents, and apply early next year to avoid hiccups.
Conclusion: Your Alaskan Bonus Awaits!
The $1,702 PFD payment in July 2025 is more than just extra cash—it’s Alaska’s way of sharing its natural wealth with you. Whether you’re paying bills, treating yourself, or saving for the future, this payment is a game-changer. Make sure your application is good to go, check your status on the PFD website, and get ready to see that money hit your account on July 17. Stay informed, stay prepared, and enjoy your slice of Alaska’s prosperity!
