Alaska’s Permanent Fund Dividend Division program offers residents an annual payment as long as they reside in the state. The fund comes from the state’s oil reserve and mineral rights, and annual payout amounts vary based on the fund’s growth. In 2014, each Alaska resident received $1,884.
The program is intended for long-term residents and new arrivals who plan to stay in Alaska indefinitely. The fund pays out to every Alaska resident, even children, though the program has stipulations in place to prevent temporary residents from taking advantage. Recipients must have resided in Alaska for at least one year, be free of felony convictions, and spend at least 190 calendar days in the state annually.