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.
- The Juneau Crime Line is offering a reward for tips in a nearly 6-month-old report of an attempted kidnapping.
- After months of mixed signals, Gov. Bill Walker's administration and the state's three current partners - ExxonMobil, BP and ConocoPhillips -- told lawmakers this week that the state will take the lead on the megaproject as soon as this fall.
- Company seeks to shut down state subpoenas in federal court
- Alaska State Troopers are reporting the presence of high levels of Fentanyl in what was suspected heroin seized in Quinhagak.