It's complicated. This is a fairly good read.
https://www.vox.com/future-perfect/2019/9/5/20849020/alaska-...Some takeaways:
- It's a fairly modest payout
- The payout is very dependent on oil revenues in a given year. (Alaska doesn't have income tax or sales tax revenue sources.)
- It probably does some good in a state with a large rural population and high unemployment
- It influences politics