In three days, the Alaska Department of Revenue will send payments from the state’s 2023 Permanent Fund Dividend to those who have yet to receive one and are eligible.

Alaskans who had the “Eligible-Not Paid” status by Jan. 10 and have not received their 2023 or earlier PFD payment will get their payment on Thursday. The program began sending its 2023 payments to eligible residents in October.

The state is accepting applications for the 2024 Permanent Fund Dividend until March 31 from eligible residents. To apply for the program, Alaskans may fill out an application online or via paper form.

To be eligible for the program, which offers residents an annual payment based on Alaska’s mineral revenues for that year, an applicant must intend to remain a resident of Alaska indefinitely and not be a convicted felon, among other requirements.

The Alaska Department of Revenue determined last year that the PFD check for 2023 was worth $1,312 per resident.

“The 2023 PFD marks the 42nd year Alaskans have received their share of the state’s natural resource wealth,” Alaska Department of Revenue Commissioner Adam Crum said in a statement. “I would like to thank our Permanent Fund Dividend Division for their tireless work year-round in administering the program and processing the applications.”

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“This year, we processed over 8,000 more applications than in 2022,” he added in 2023. “The 2023 PFD will inject nearly $1 billion into the state’s economy and directly into the hands of Alaskans.”

Further information about the Permanent Fund Dividend program can be found on the Alaska Department of Revenue’s website.