No, the state is not ours. You do not own 1/800,000 of Alaska. No where in the Alaska constitution does the it say 'the state belongs to the people'. It is run by Alaskans via a constitutional democratic republic government. However, what you do own is a small share in a principle that produces interest. The state needs to pay the bills, I understand that. This discussion was about weather or not the pfd is wealth distribution, which it isn't.