$1,702 ‘Stimulus’ in May 2025? Here’s Who’s Actually Getting Paid!

You might ve heard people talking about a payment going out in May Maybe you re wondering Wait is this another stimulus check Am I getting one Let s clear things up This isn t certain new nationwide stimulus it s part of something called the Alaska Permanent Fund Dividend or PFD And if you live in Alaska and meet a meager requirements you could very well see that money hit your bank account this week First Off What s the Payment Good question This year s payout is per person and it s made up of two parts from the main dividend as a bonus to help with capacity costs yeah heating up in Alaska isn t cheap It s a yearly thing the state does to share oil and gas profits with residents and yes even kids can get it if they qualify Who s Getting Paid This Week If your application was marked as Eligible Not Paid by May and you submitted it before the March deadline you re in luck Your money should ve been sent out on May That s it no tricks no lottery Just meeting the requirements and waiting for your turn Wait Am I Eligible Here s what you needed to check off Lived in Alaska for all of and planned to stay long-term Physically stayed in Alaska for at least hours during or No serious criminal charges felonies or a bunch of misdemeanors can disqualify you Applied by March If that s you you perhaps already applied or got help doing it earlier this year Each person has to apply individually including children No family bundles Missed the May Payment Don t worry there s another wave coming Next payment date is June You just need to be listed as Eligible Not Paid by June So if your application was still being processed in early May you could be up next What If You Missed the Deadline Altogether If you didn t apply in time this year you ll need to wait until next time around The next application window for the PFD opens on January and closes on March Mark your calendar Or better yet set a reminder on your phone What About the Amount Next Year The figure is specific to Every year it changes depending on the state s oil revenue and what lawmakers decide Selected proposals for next year have ranged from to over but we won t know the final number until later So yeah this isn t a federal stimulus but if you re an Alaskan resident it s a pretty decent bonus for just living there and meeting a insufficient rules Whether it helps you cover bills stock up for winter or stash away certain savings it s a solid boost If you re not sure about your status you can check it easily at pfd alaska gov And if you re new to this whole process don t stress just make sure you apply on time next year