Permanent Fund Checks are in the Mail Every October, every qualified Alaskan resident receives a check from the Alaska Permanent Dividend Fund. This year each check will be for $1106.96.

In 1976, as the Trans-alaskan Pipeline was near completion, Alaska voted in a constitutional amendment to establish a dedicated fund: The Alaska Permanent Fund. This constitutional amendment and its dupporting statutes set aside at least 25% of certain mineral revenues paid to the state of Alaska for deposit into a public savings account to be invested for the benefit of the current and all future generations of Alaskans.

Everyone has their check, and they are determined to spend it. For some rural Alaskans, this may be the only time of year they come to town. Just try to find a parking spot at the mall. Snow machines, toys for the kids... it's better than Christmas!  ¶ 10:11 AM