$1,702 Stimulus Payment: As economic pressures continue to impact households across the country, Alaska residents are set to receive timely financial support through the Permanent Fund Dividend (PFD). This program, funded by the state’s oil and gas revenues, provides direct payments to qualifying individuals each year. For June 2025, a $1,702 stimulus payment is scheduled to land in the bank accounts of thousands of eligible Alaskans.
This one-time payment includes a base dividend and an energy relief bonus. The $1,702 stimulus payment is part of the broader effort to cushion residents from Alaska’s unique living expenses, especially energy costs. Those who filed eligible applications before the April deadline and meet residency and legal criteria can expect their deposit on June 18, 2025.
$1,702 Stimulus Payment June 2025: Key Details and Eligibility
The $1,702 stimulus payment is divided into two parts: a regular dividend of $1,403.83 and an energy relief supplement of $298.17. This initiative not only boosts household income but also stimulates the local economy. To qualify, residents must have lived in Alaska throughout the previous year and must not have engaged in disqualifying legal behavior.
Alaskans who applied for the Permanent Fund Dividend in 2024 or earlier and whose applications are listed as “Eligible–Not Paid” by June 11, 2025, are included in the June 18 payment schedule. This round follows previous payment distributions in April and May.
Overview Table: $1,702 Stimulus Payment Details
Category | Details |
Total Payment | $1,702.00 |
Base PFD Amount | $1,403.83 |
Energy Relief Bonus | $298.17 |
Payment Date | June 18, 2025 |
Eligibility Cutoff | Application in “Eligible–Not Paid” status by June 11, 2025 |
Application Window | January 1 to March 31, 2025 (Deadline: April 1) |
Residency Requirement | Must have lived in Alaska all of 2024 with intent to remain |
Physical Presence | At least 72 hours in Alaska in the last 24 months |
Disqualifying Factors | Felony convictions or claiming residency elsewhere (e.g. Real ID) |
Tax Implication | Not taxed by Alaska; taxable by IRS |
What is the Alaska Permanent Fund Dividend?
The Alaska Permanent Fund Dividend is a state-run program that distributes a share of oil and gas revenues to Alaska residents. The fund was established to ensure long-term financial benefits from the state’s natural resources. Over the years, it has become a crucial support system for Alaskan households, especially in high-cost areas.
For 2025, the dividend includes a special energy bonus designed to ease high utility costs, particularly during colder months. While Alaska does not tax this payment, recipients should remember it counts as taxable income at the federal level.
Eligibility Criteria: Do You Qualify?
To receive the $1,702 stimulus payment, residents must meet strict eligibility guidelines:
- Residency: Applicants must have been Alaska residents for the entire 2024 calendar year and show intent to remain in the state.
- Physical Presence: They must have spent at least 72 hours in Alaska during the past two years.
- No Felonies or Certain Misdemeanors: Individuals convicted of certain crimes may be disqualified.
- No Residency Claims Elsewhere: Possessing a Real ID or equivalent from another state may impact eligibility.
Those who filed their applications by the April 1 deadline and have a status of “Eligible–Not Paid” by June 11 will be included in the June 18 payment run.
When and How Will You Get Paid?
The June 2025 payment for eligible residents is set for June 18. This applies to applicants from 2024 or earlier who haven’t yet received their payment. Payouts are typically issued via direct deposit or check, depending on how the applicant set up their payment method during the application process.
To confirm your payment status:
- Visit the Alaska PFD website
- Check the application status with your PFD confirmation number
- Ensure all your personal details are up to date to avoid delays
Common Reasons for Disqualification
Although the PFD is widely accessible, some common issues may prevent you from receiving the $1,702 stimulus payment:
- Claiming residency in another state or holding an out-of-state Real ID
- Not being physically present in Alaska within the past two years
- Missing the annual application deadline (April 1)
- Having a felony conviction or incarceration during the qualifying period
Always review your status and ensure you meet all state rules before expecting your dividend.
Federal Tax Implications
While the state of Alaska does not treat the PFD as taxable income, the Internal Revenue Service (IRS) considers it taxable. Recipients must report the full amount on their federal tax returns.
This means the $1,702 stimulus payment could slightly impact your taxable income for 2025. If you’re unsure how to file this, consulting a tax professional or using tax software can help you comply with federal regulations.
Importance of the PFD for Alaskan Families
The PFD has played a major role in helping Alaskans manage the high cost of living. For many low- and middle-income families, this payment helps cover essentials such as:
- Heating and utility bills
- Groceries and transportation
- Childcare or educational expenses
In rural and remote regions where resources are limited, the annual dividend often provides a vital financial boost. In addition, the program has broader benefits by injecting money back into the local economy.
FAQs
1. What is the total amount of the PFD payment in June 2025?
The payment totals $1,702, combining a $1,403.83 dividend and a $298.17 energy relief supplement.
2. Who qualifies for this payment?
Alaskans who were residents for all of 2024, meet the physical presence rule, and have a clean legal record.
3. When will the payment be made?
Eligible residents will receive their payment on June 18, 2025.
4. Is the payment taxable?
Yes, the payment is considered taxable income by the IRS, though Alaska does not tax it.
5. Where can I check my payment status?
Visit pfd.alaska.gov and log in with your information to view your application and payment details.
Final Thought
The $1,702 stimulus payment set for June 2025 represents more than just a check—it’s part of Alaska’s commitment to sharing its resource wealth with residents. For those who meet the criteria, this benefit can offer essential support, especially with rising costs. Make sure your application is complete and up to date so you don’t miss out. And don’t forget to share this article to help fellow Alaskans stay informed.