So, I enjoyed my dividend check while I maintained residency. However, that money was offset by my 6$/gallon milk and other ridiculous expenses. The nearest McDonalds, wal-mart, or movie theatre were a hundred miles away, although you could get free weed at school all day long.. hell i didn't know people paid for weed until i moved to the lower 48!
That being said, the real benefit to living in Alaska isn't the dividend fund, it's the top-rate education system. I moved from Alaska to Kentucky my Junior year of HS and went from being a solid c student to straight A. The junior/senior classes in HS covered topics from JR High in Alaska. The state dumps tons of money into education.