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 governor's Asia trip came as the state’s lead partners are backing out of the Alaska LNG megaproject the state is preparing to take over.
- The Government Finance Officers Association says these bonds involve considerable investment risk.
- Meet the stars of Femme Fatale, Juneau's annual drag fundraiser for the Alaskan Aids Assistance Association.
- Norton Gregory is running for Juneau Assembly in the upcoming municipal election.