Alaskans are receiving $1,000 checks. Here's why

JUNEAU, Alaska (AP) — The truck that arrived ahead of schedule at Allyssa Canoy’s home in Fairbanks brought enough heating fuel for the frigid winter months ahead — and a surprise bill for $2,600.

Canoy and her two sons have checks arriving that will cover that expense and leave some money for the boys, too. Starting Thursday, Alaska plans to begin distributing to residents their annual dividend derived from the state’s $83 billion oil wealth fund, a sort of bonus that Alaskans get for living in the state.

For some, it’s extra spending money for a new set of tires or a vacation to a sunnier clime during the long, dark winter. For others, it’s a vital supplement in a state where the cost for internet service, gas and groceries can be sky-high.

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