What is the $1,702 Payment? (Alaska PFD, Not a Federal Stimulus)
- The $1,702 figure is for the Alaska Permanent Fund Dividend (PFD), a state program that distributes revenue generated from Alaska’s oil and resource investments to eligible residents. It is not a U.S. federal stimulus program or a national disbursement.
- The PFD is often misconceived as a “stimulus check,” but it is a state dividend, given annually, and based on resource earnings and statutory formulas.
Thus, this payout is only for Alaska residents who meet the criteria, not “for everyone” in the U.S.
How Much and What It Consists Of

- The total PFD payout for 2025 is $1,702 per eligible person.
- In many descriptions, this amount is broken into two parts:
- A “regular dividend” portion (based on resource earnings and fund performance)
- An “energy relief bonus” portion (aimed at helping with energy costs) ]
- That breakdown sometimes shows, for example, $1,403.83 for the regular dividend + $298.17 as the bonus. ]
Who Qualifies? Eligibility Rules

To receive the PFD, you must satisfy several criteria. Some common ones:
- Residency in Alaska
You must have been an Alaskan resident for the entire calendar year preceding the payment (i.e. for 2024). - Intent to Remain in Alaska
You must intend to remain an Alaskan resident. - Duration in Alaska
You should have spent at least 72 consecutive hours in Alaska sometime in either 2023 or 2024. - No Disqualifying Criminal Record
Serious felony convictions in 2024 may disqualify you. - Absence Limits
If you were out of Alaska more than 180 days, that absence must fall under allowed exceptions (such as medical treatment, education, military service). - Application Deadline
You must have applied within the PFD application window (often January 1 to March 31).
If you miss the application window, you typically lose eligibility for that year.
Payment Schedule for October 2025
The 2025 PFD payments are distributed in phases, based on application status and method (direct deposit vs paper check). Here’s how it is expected to go:
Status / Condition | Payment Date |
---|---|
Applicants marked “Eligible – Not Paid” by September 18, 2025 (direct deposit & online) | October 2, 2025 |
Applicants approved (paper check or mailed) by October 13, 2025 | October 23, 2025 |
Further disbursements for late or pending applications | Continue into November (e.g. November 20) |
Key cutoff dates to watch:
- September 18: Deadline for “eligible-not paid” direct deposit status to get the October 2 disbursement.
- October 13: Deadline for paper check disbursements scheduled for October 23.
If your application is approved after those deadlines, your payment may arrive in subsequent cycles.
What Happens If You Are Late / Pending
- If you were approved after the October 13 deadline, your payment may not arrive in October: it could roll to November or beyond.
- Applications marked “Eligible – Not Paid” on October 13 may still get paid October 23.
- Some sources note that payments for later approvals extend to November 20 for the remaining residents.
So missing deadlines may delay your payment but not necessarily eliminate it.
Taxability & How It’s Treated
- The PFD (including the $1,702) is taxable by the IRS at the federal level. You will receive a Form 1099‑MISC (or similar) in early 2026 showing the payment.
- It is not taxed by the state of Alaska (i.e. Alaska does not impose a state income tax).
Because it is considered taxable income, it could affect your federal tax obligations.
Differences from Federal Stimulus Checks / Rumors

- No federal agency has confirmed a national “$1,702 stimulus payment” for October 2025. Rumors of stimulus checks circulating online are not backed by official IRS announcements.
- Many viral claims about IRS $1,390 or $1,702 “stimulus” checks are false. The IRS has clarified no new stimulus checks are scheduled unless Congress passes new legislation.
- The PFD is a long-standing Alaska dividend program, not a part of federal stimulus efforts. So if you live outside Alaska, you are not eligible.
Always check trustable sources (e.g. Alaska Department of Revenue, PFD website) to avoid scams or misinformation.
Tips, Precautions & Common Pitfalls
- Submit your application on time. The window (often Jan–Mar) is strict; missing it can disqualify you.
- Choose direct deposit. It’s faster and more reliable than paper checks.
- Monitor your status. Use the PFD online portal (myAlaska / PFD site) to track whether your status is “Eligible,” “Eligible-Not Paid,” etc.
- Watch cutoff dates. If your status is not “Eligible-Not Paid” by September 18 (for deposit) or October 13 (for checks), you may be delayed.
- Don’t fall for scams. Be suspicious of texts, emails, or calls claiming “IRS sending stimulus checks” that ask for personal or bank info.
- Plan for taxes. Since the PFD is taxable, set aside some portion of it for your federal tax bill.
- Late approvals happen. Even if you missed a deadline, later approvals may still receive payments (in November).
- Check residency & absence rules. If you have absences out of state, or criminal record, confirm whether you’re still eligible.
Sample Scenario (for an Alaskan Resident)
Suppose Jane lived in Alaska all through 2024, filed her 2025 PFD application by March 31, and her status is “Eligible – Not Paid” by September 18:
- She will likely receive her $1,702 payment via direct deposit on October 2, 2025.
- If she had instead applied by paper or had a status change later, her check might arrive on October 23, 2025.
- Her payment will be taxable federally, but not taxed by the state.
- If she’s late or delayed, she might still eventually receive the payment in a later batch (e.g. November).
Summary
- The “$1,702 stimulus check in October 2025” refers to Alaska’s PFD, not a nationwide federal stimulus.
- Eligibility depends on Alaska residency, absence rules, criminal record, and timely application.
- Payment is scheduled in two main waves: October 2 (deposit) and October 23 (checks), with late roll‑outs into November if necessary.
- The amount is taxable at the federal level but not by Alaska.
- Rumors about national stimulus checks of $1,702 are not valid; the IRS has confirmed none are planned.
FAQs
1. What is the $1,702 payment in October 2025?
It’s Alaska’s Permanent Fund Dividend (PFD) payment, a state dividend from oil revenues—not a federal stimulus check for all Americans.
2. Who qualifies for the Alaska PFD?
You must be an Alaska resident for all of 2024, intend to stay, meet absence limits, have no disqualifying criminal record, and apply during the application window.
3. How is the $1,702 payment calculated?
The amount combines a regular dividend based on fund earnings plus an energy relief bonus to help with energy costs, totaling $1,702 for 2025.