The whole state is already on welfare.
https://en.wikipedia.org/wiki/Alaska_Permanent_Fund#Permanent_Fund_Dividend
https://en.wikipedia.org/wiki/Alaska_Permanent_Fund#Permanent_Fund_Dividend
Or the oil resources of Alaska are seen as belonging to the citizens of the state and the dividends are distributed to them rather than being retained by the government.
The Dividend is a payment from the State of Alaska to it's shareholders on the return earned from their property.
Much better then the state keeping it all the way they do every where else.