Alaska begins $1,000 Permanent Fund dividend
Alaska has started distributing its annual Permanent Fund dividend to residents, with lawmakers setting this year's payout at $1,000 per person and checks beginning to go out the week of Sept. 27, 2025. The payout comes from the state's $83 billion oil‑fund earnings; legislators chose the amount amid budget negotiations and competing priorities including increased K‑12 funding and limits on draws from savings.
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Alaskans are receiving $1,000 checks. Here's why
New information:
- Alaska lawmakers set the 2025 Permanent Fund dividend at $1,000 per person and began distributing checks starting the week of Sept. 27, 2025.
- The dividend is paid from the Alaska Permanent Fund, described in the story as an $83 billion oil wealth fund.
- More than 600,000 of Alaska’s roughly 740,000 residents qualify to receive the payment; under the old formula the payout would have been about $3,800 each.