Tuesday is the last day Alaskans can apply for the 2026 Permanent Fund dividend The size of this year’s payment likely won’t be known until the end of the legislative session. Alaska residents wait in line to receive assistance with their Permanent Fund Dividend applications at the PFD office in downtown Anchorage on March 27, 2024. Online filers have until 11:59 p.m. Alaska time on Tuesday to turn in their application, while mailed applications must be postmarked no later than March 31. Additional information and a link to the online application is available atrequirements for the annual dividend include having resided in Alaska during all of the previous calendar year, not being convicted of or incarcerated for a felony, and not traveling out of the state for more than 180 days, except for certain allowable absences. The size of this year’s dividend likely won’t be known until the end of the legislative session in May as state lawmakers Since 2017, the size of Permanent Fund dividend has been determined through an annual debate in the Alaska Legislature. The amount hasn’t followed the dividend formula set in state statute since 2016, with a growing portion of Permanent Fund earnings used to pay for state services amid dwindling oil revenue.Just under 619,000 Alaskans received the $1,000 dividend last year. Adjusting for inflation, last year’s payment was the smallest in the program’s history.lawmakers to follow the existing statute for calculating this year’s payment. If lawmakers follow Dunleavy’s request, every eligible Alaskan would receive a payment of roughly $3,650, at a cost to the state of more than $2.2 billion, requiring a draw of more than $1 billion from state savings to cover the payments while maintaining basic government services.Longtime finance committee members in the House and Senate say that Alaskans can expect a payment similar in size to the one approved last year, despite a projection of higher oil revenue due to the war in Iran.Iris Samuels is a reporter for the Anchorage Daily News focusing on state politics. She previously covered Montana for The AP and Report for America and wrote for the Kodiak Daily Mirror. Contact her at isamuels@adn.com. Open & Shut: Anchorage gets new eateries — Polynesian, Mexican and American with global twists — as well as a game board cafe and a cannabis shopAs Trump blames immigrants for housing shortages, HUD joins the crackdown