Alaskans’ annual reward is here: $878 simply for living in the state.
State officials on Tuesday announced this year’s payout from Alaska’s oil savings account.
The dividends are handed out annually to all men, women and children who have lived in Alaska for at least one calendar year.
This year’s amount is significantly less than last year’s dividend of $1,174, which was the smallest since 2006. The payout will be distributed Oct. 4.
Alaska has no state income tax, but residents must pay federal taxes on the bounty. What they do with the rest is up to them.
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- The new rule won't go into effect until late 2016 at the earliest, but importers would have to track where fish were caught, the type of gear used and where it was landed.
- Anchorage is tied for first as the prime destination for ferrying summer tourists, according to a new report by the McDowell Group.
- A new law may clear an impasse in a stalled human trafficking case against Bill Allen, the former star witness in the federal corruption probe of Alaska politicians.