To be eligible for the PFD, you must meet the following criteria:
* Be a resident of Alaska for at least one year
* Have no felony convictions for the past five years
* Not have been delinquent on child support payments for the past five years
You do not have to live in Alaska full-time to receive the PFD. You can live anywhere in the world, as long as you meet the other eligibility requirements.
The PFD is not taxable by the federal government or the state of Alaska. It is also not considered income for the purpose of calculating benefits such as Social Security or food stamps.
The PFD is a popular program among Alaskans. It is seen as a way to share the state's oil wealth with its residents. The PFD also helps to offset the high cost of living in Alaska.