Every year, Alaskans receive the Permanent Fund Dividend or PFD. It is an annual payment that comes to them through the state’s oil money and this is one amount that every Alaskan looks forward to.
In 2025, the payout will be $1000 per person. These payments will start going out in October. While some might find $1000 as a good amount of annual payout, the amount is lesser than what locals were expecting this year.
The PFD was started in 1982. The idea behind the fund was to make sure that Alaskans avail the benefits of the state’s oil wealth. The money is pulled out from Alaska Permanent Fund, which regularly invests in the oil revenues and pays out a part of the earnings every year.
https://t.co/jr85TJnxk9
“Restore Alaskans’ Full PFD Rights: Stop the Illegal Reduction of Dividend Payments”
This is a “Real Change” petition to return our Alaska Permanent Fund to its true intent.— AL Huntley (@HuntleyALaskan) September 23, 2025
It is important to know that the amount to be paid is not fixed and it changes each year. There have been times when the annual amount has crossed $3000 per person but then it has been lower than $1000 too.
Oil prices, investments returns and choices made by the state, all these factors affect the amount of the check.
The Alaska Department of Revenue has already shared the 2025 schedule:
- October 2, 2025 – Those who have applied online and are expecting direct deposit will receive the money on this date.
- October 23, 2025 – People who have filed using mail, their paper checks and deposits will be released.
- November 20, 2025 – For those who have been marked as “Eligible-Not Paid.”, payment will be released.
Not everyone in Alaska gets the money. There are eligibility requirements that one has to fulfil. People who have lived in Alaska for the entire last year, plan to stay in the state and meet the rules about time spent away from Alaska are eligible. There should also be no felony convictions to claim the money.
Unlike last year, this year’s dividend amount is smaller. It is so because the state has decided to use some of the Permanent Fund’s earnings to help cover the budget needs. Oil revenue has dropped, and it is not as strong as it once was. This has forced lawmakers to reduce the size of PFD to help balance spending.
In 2024, the payment was $1,702. Therefore, the 2025 check of $1,000 per person is a clear drop. Many residents rely on these funds during winters and they say that less money will make it harder to keep up with the rising costs.
Rural parts of Alaska get cut off during peak winters, and the cost of food, fuel, and heating gets very expensive.
For a family of four, the PFD means $4,000 this October. That money is mostly spent on winter heating bills, groceries, rent or for paying down the debt.
For some people, these checks also provide a financial cushion just before the long winter months.
Many Alaskans are angry and frustrated. They argue that the PFD checks should be larger than in the past. However, others believe smaller payments are necessary as they are required to protect the state’s budget and keep Alaska financially stable.
No matter the debate, the October 2025 checks will give many households some much-needed help. As one Anchorage resident summed it up: “It’s not as big as we wanted, but up here, every little bit helps.”
