Qualified Alaskans will receive their 2026 Alaska Permanent Fund Dividend this month. The payout is $1,000 from the Permanent Fund and a $200 energy relief payment.
The Alaska Legislature agreed on the amount in May, according to the Alaska Beacon.
Direct deposit begins Oct. 1. Paper checks/later approvals will go out around Oct. 22, the State of Alaska Department of Revenue states on its website.
The Legislature finalized the $1,200 total after debate over competing proposals. The agreement came as part of a $13.9 billion compromise state operating budget.
You can learn more about how the Permanent Fund is managed from the Alaska Permanent Fund Corp., which is a state-owned corporation that manages the assets of the Alaska Permanent Fund and other funds designated by law, including the Alaska Mental health Trust Fund and Power Cost Endowment Fund. The fund’s value as of July 31, 2026 is $87.9 billion. https://www.apfc.org/