Alaska residents are once again set to benefit from the state’s Permanent Fund Dividend (PFD) in 2026, with a confirmed payout of $1,750 per eligible person. This program is a cornerstone of Alaska’s economy, designed to ensure that the wealth generated from its natural resources is shared directly with the people who live there.
Unlike federal stimulus checks, this is a state-funded payment that combines the annual dividend with an additional energy relief component to help residents manage high utility and fuel costs.
$1702 Stimulus Payment August 2025 Overview
| Category | Details |
|---|---|
| Total Payment | $1,750 (includes energy relief) |
| Eligibility Year | Must be a resident for the full year of 2025 |
| Application Window | January to April 2026 |
| Payment Dates | Starting mid-July 2026 |
| Tax Status | Not taxed by Alaska, but federally taxable |
| Application Portal | pfd.alaska.gov |
History of the Alaska PFD
The Alaska Permanent Fund was established in 1976 after the discovery of massive oil reserves. Lawmakers decided to invest a portion of oil revenue into a long-term fund that would benefit both current and future generations. Managed by the Alaska Permanent Fund Corporation, the earnings from this investment are distributed annually to residents in the form of the PFD.
This approach ensures that every Alaskan shares in the state’s resource wealth, promoting economic stability even in times of fluctuating oil prices.
Payment Breakdown for 2026
The total $1,750 payout in 2026 will be divided into two parts
- $1,420 – The standard annual PFD payment from investment earnings.
- $330 – An additional energy relief bonus to help offset high heating and electricity costs during Alaska’s long winters.
This structure provides both a steady dividend and targeted assistance for essential expenses.
Who is Eligible?
To qualify for the 2026 PFD payment, residents must
- Have lived in Alaska for the entire year of 2025 as their primary home.
- Be physically present in the state for at least 72 consecutive hours in either 2024 or 2025.
- Not have been absent from the state for more than 180 days unless for approved reasons such as military service, higher education, or medical treatment.
Meeting these requirements ensures that only permanent, committed residents benefit from the program.
How to Apply
The application process is simple and online-based
- Go to pfd.alaska.gov and sign in via the myAlaska portal.
- Fill in your personal and residency information.
- Upload any documents required for time spent outside Alaska.
- Provide your direct deposit information for faster payment.
Applications are open from January 1 to April 30, 2026. Late applications are generally not accepted.
Payment Schedule
Payments are usually made in mid to late July. The 2026 schedule is expected to be:
- July 16 – First batch for applicants approved by July 8.
- July 23 and July 30 – Additional batches for later approvals.
Direct deposit is the preferred method, ensuring faster and more secure payment delivery.
Tax Information
While Alaska does not tax the PFD, the IRS considers it taxable income. Residents should:
- Report the amount on their federal tax return.
- Keep payment documentation for records.
- Set aside funds for any tax liability, especially if combined with other income sources.
$1702 Stimulus Payment August 2025 FAQs
Q1. Who will receive the $1,750 PFD payment in 2026?
Anyone meeting the residency and presence requirements for the 2025 calendar year.
Q2. When will payments be sent out?
Most will be distributed between July 16 and July 30, 2026.
Q3. Do I have to pay federal taxes on my PFD?
Yes, it must be reported to the IRS as taxable income.