The news that every American is going to get a direct deposit of 1702 in October 2025 is absolutely deceptive and erroneous. This is not included as a federal stimulus check; instead, it is included in a local program of the state of Alaska called Permanent Fund Dividend (PFD). This payment would be limited to permanent Alaska residents that had applied by the deadline of 2025.
Today, in this article, we shall elaborate on what is this amount of one thousand seven hundred and twenty-six dollars, who can receive it, when it will come, and how people should be cautious to avoid false information in the internet.
What is Alaska Permanent Fund Dividend (PFD)?
The Permanent Fund Dividend (PFD) is a special program of the Alaska state government, according to which part of the state money on oil and natural resources is transferred to deserving residents every year.
This is the program, which was launched in 1982, to make sure that the prosperity of the oil industry in the state is shared among all citizens.
This is just a government relief program or a stimulus alleviation, but it is not a redistribution of income.
It is not a national or federal program, and does not have any affiliation with other states in the United States.
Value to be obtained in 2025: 1,702.00 per head.
There is 1,702 being availed to all eligible residents in the Alaska PFD in 2025.
This sum is made up of two components:
- Base Dividend – $1,403.83
- Energy Relief Supplement – $298.17
- This total amounts to $1,702.
- This is an annual payment calculated depending on financial status and oil revenue of the state.
To whom is this payment applicable (Eligibility Criteria)
The requirement to the PFD is quite clear. Your payment will be offered only in case you meet the following conditions:
- Living in Alaska throughout the 2024 calendar year.
- Ready to settle here in Alaska.
- The application form will be submitted between January 1 to March 31, 2025.
- All the personal and residence documents (driving license, address, tax documents, etc.) must also be attached appropriately with the application.
- When an individual does not reside in Alaska, then he or she cannot receive this benefit regardless of him or her being a U.S citizen.
October 2025 Payment Dates
The Alaska government has established two major dates when the 2025 payments will be made:
October 2, 2025: The payments were dispatched to the applicants online who had to choose the direct deposit option.
The deadline of these individuals was September 18, 2025.
October 23, 2025: Checks will be made on this date to all the individuals whose status had been changed to ” Eligible-Not paid” and those whose documents had been received by October 13, 2025.
This will involve direct deposit and paper check payments.
Why is the news about the $1,702 stimulus check false?
In recent times, there has been a lot of news circulating in many social media posts, YouTube videos and websites concerning the fact that all Americans are going to get checks of 1702 dollars.
This is entirely deceptive.
In fact:
- This payment is applicable to all eligible Alaska residents.
- There is no National Stimulus Program associated with it.
- The federal government (IRS or White House) has not announced the new stimulus program.
- This type of news is often formed as casino news in order to be visited by people in order to read about it or watch a video as they generate advertising money.
- These links can be scam websites to steal your personal information in other cases.
Where do you get the official and accurate information?
In case you live in Alaska and would like to know the true information about the PFD, you can only rely on the government site:
- Value added tax (VAT): 5.0 percent.
- To find out whether any of the relief payment or tax refunds have been made at the federal level, you simply need to visit the IRS (Internal Revenue Service):
- IRS official webpage: https://www.irs.gov.
What should people do?
- Focus on actual news of any stimulus payment on social media.
- This is always important in the source of news, to make sure that it is not a government site or not.
- Do not use personal or banking information on a website that you are not familiar with.
- In Alaska, visit the website and check the application status of your PFD.
Conclusion
Ordinary Americans are not the ones hearing news about the existence of a $1,702 payment that has to be made in October 2025. This is merely the oil revenues divided as the annual Alaska Permanent Fund Dividend (PFD) which is merely paid to Alaska residents.
FAQs
1. What is the 2025 PFD payment?
The 2025 PFD (Permanent Fund Dividend) payment is an annual cash benefit distributed to eligible Alaska residents from the state’s oil revenue earnings.
2. How much is the 2025 PFD payment amount?
The official PFD amount for 2025 has been confirmed as $1,702 per eligible resident, as announced by the Alaska Department of Revenue.
3. When will the 2025 PFD payments be deposited?
Direct deposit payments are scheduled to begin in October 2025, with paper checks expected to be mailed shortly after.
4. Who is eligible to receive the 2025 PFD payment?
To qualify, individuals must have been Alaska residents for the entire 2024 calendar year, must intend to remain residents, and not have claimed residency in another state or country.
5. Is this PFD payment the same as a stimulus check?
No, the PFD payment is not a federal stimulus check. It’s a state-funded dividend based on Alaska’s oil revenue, separate from any federal stimulus programs.
