What is the $1,702 Stimulus Check?

The phrase “$1,702 stimulus check” that is currently being widely talked about in 2025 does not relate to any federal government stimulus or COVID-19 relief efforts. Instead, it represents a distinct one-time payment issued by the state of Alaska via its Permanent Fund Dividend (PFD) program. This program provides yearly payments to eligible residents of Alaska, funded by the state’s investments in oil revenue.