mylot payouts.do you cash out at $10.00

@suehan1 (4344)
Australia
January 27, 2008 9:33pm CST
i was wondering what most people do.do you cash out at $10.00 or do you build it up at cash out later.i still have not reached the minium cashout yet,but soon i will ,one day.cheers sue
8 people like this
32 responses
• United States
28 Jan 08
All the times I have recieved payout,I've always taken the $10. However, I'm wondering if I should set the payout rate for a bit higher than what I have it or not. I mean, getting a higher rate of pay would be nice, but waiting for that long for all of that cash would really be annoying sometimes I think. I'm still unsure of what I want to do. I haven't gotten paid in a few months and it's doubtful, really doubtful I'll hit payout this month so I still have time to think about it.
3 people like this
@suehan1 (4344)
• Australia
28 Jan 08
i have not even been paid yet as i have not ever reached payout,but i am getting close,one day and i thought getting everyones views on what they did would be helpful.yhanks for your help.cheers sue
1 person likes this
@kylanie (1205)
• United States
28 Jan 08
I have set it at $10.00 but you can set it at different price all the way up to $25.00 so that is not to bad all that I got is .08@ to go hope to make it soon.
3 people like this
@suehan1 (4344)
• Australia
28 Jan 08
i did not know you could set it at a higher payout.i think i will set mine for $10.00 .it has taken me months to get nearly $8.00 so i just wondered what everyone else did.good luck with your .08@ to go.thanks for sharing cheers sue
2 people like this
@AmbiePam (92710)
• United States
28 Jan 08
Since I joined over a year ago I have always set my payout at 25 dollars. Paypal is the way I get paid, and I select to get paid by check. They deduct $1.50 for sending a check, so it doesn't seem so bad when I'm getting 25 dollars for it. Getting that much at one time allows me to get a tank of gas, whereas 10 dollars wouldn't even be close to that for me these days, LOL.
2 people like this
@suehan1 (4344)
• Australia
28 Jan 08
yes it seems like it would be worth more if you rcieved a greater sum like $25.00.then as you say you could fill your car up with petrol or something .thanks for sharing cheers sue
1 person likes this
@rhane7315 (5649)
• Philippines
6 May 08
i try to cash out at $50 so that i would get motivated more to do my best here
1 person likes this
@suehan1 (4344)
• Australia
6 May 08
thats o.k.i often thought they i might do the same thing one day,they should have a little thing that says we have allready respondedto this postlol.cheers sue
@rhane7315 (5649)
• Philippines
6 May 08
lol sorry for the double post
1 person likes this
@rhane7315 (5649)
• Philippines
18 Apr 08
i set my pay out to $50 so that i will get motivated and visit mylot everyday
1 person likes this
@suehan1 (4344)
• Australia
19 Apr 08
that sounds good $50.00,it would motivate you to be on mylot more and you could do a lot more with fifty dollars opposed to ten or twenty dollars,makes it more worth while.cheers sue
@rhane7315 (5649)
• Philippines
18 Apr 08
*would
1 person likes this
• United States
7 May 08
I have set mine for the $10.00 payout. I have only been on here for a little inder 2 weeks and only have $3.67 I still have a ways to go befor I reach payout. I don't care if it dosn't reach the pay out in time it will get there when it does. I am haveing more fun reading the discussions and responding.
1 person likes this
@suehan1 (4344)
• Australia
7 May 08
yes it is definately more fun reading and responding to post,rather than making money,which is a bonus for having fun here at mylot.you will soon reach you ten dollars,but until then enjoy and have fun.cheers sue
@cripfemme (7698)
• United States
28 Jan 08
Yes, I take the minimum. I made it once; as of today, I have $2.81 towards my second payout.
1 person likes this
@suehan1 (4344)
• Australia
29 Jan 08
good on you for making your first payout.i have still not got there yet,but soon.you will soon make your second payment i am sure.happy mylotting to you and keep on posting.cheers sue
@suspenseful (40193)
• Canada
28 Jan 08
I cash out at $10, but I am seriously considering raising the rate to $20 because the Canadian dollar and American dollar are almost identical. If I could put the paypal money into my Canadian US bank account it would not cost me anything but they charge a fifty cent transfer fee. If I want to not be deducted the 50 cent, I would have to wait until it is $150. And considering interest rate on savings at around 3.25 to 3.50 percent that is a long time to make up for it.
@suehan1 (4344)
• Australia
29 Jan 08
yes it makes more sense to raise the pay out figure because of all these fees with paypal,it will also keep us motivated to respond to discussions if we set or goals a bit higher.thanks for sharing cheers sue
@secretbear (19448)
• Philippines
29 Jan 08
I have my payout at the minimun $10. myLot pays me monthly and my money is all stored in my moneybookers account. I have only made one withdrawal though. I haven't withdrew again because of the low value of dollar here in our country. ^__^;; I'm waiting for it to rise even though it wouldn't benefit our country's economy. LOL I haven't reached my payout for this month yet. but I'm nearing it. ^__^ goodluck to you sue. ^__^
1 person likes this
@suehan1 (4344)
• Australia
29 Jan 08
i forgot about the value of the dollar as well.i think our dollar aussie dollar is not so bad at the moment.its all these little things like fees and the value of the dollar that it makes probably cashing at a higher level a good idea.thanks and good luck to you also.cheers sue
@manya_pearl (1901)
• Singapore
29 Feb 08
I think my cash out around 25... i still have not reached the minimum cashout. Its ok, because i think i still doing good. I just started few days ago, and my payment fe hours ago is 6$. ots really ok. Im not that hurry person... but if i really have much more time, i think i can get 1-2$ per day... i can post max around 50 comments and few questions in 8 hours. Its quiet tiring, but i dont want to force myself...
1 person likes this
@suehan1 (4344)
• Australia
29 Feb 08
your well on your way with $6.00 and it sounds like it won't take you long to achieve that,especially when you are making 1-2 dollars a day.good luck and thanks for sharing i wish you well .cheers sue
@desdbaby (46)
• China
29 Jan 08
I am a freshman here and my account is only $0.02.Once I get my first payment i will cashout and next time set the payment at $25.00.
1 person likes this
@suehan1 (4344)
• Australia
29 Jan 08
i think thats the way to go as i have noticed what everyone has told me about fees and the value of the dollar and it would make more sense to cash out at a higher level.it won't take you long to get there.cheers sue
@yannycui (376)
• China
28 Feb 08
Congratulations. There is still a long to go for me to cash out. You'd better transfer the money to your Paypal in case of lose it here. Haha I am so careful about that.
1 person likes this
@suehan1 (4344)
• Australia
29 Feb 08
thanks for that .yes i will be careful and will probably cash it out next month.you must be on the way to your first ten dollars,good luck with that,it won't take you long.cheers sue
• India
18 Apr 08
I had set my payout at 10$. I have been here for just about 10 days an have earnrd 2$. I am still very far away from my first pay out.
@suehan1 (4344)
• Australia
19 Apr 08
yes it took me a while to make my first ten dollars here,but it gets easier as you go along and a lot quicker as well.cheers sue
• United States
6 May 08
yes i have check out at 10.00 but you dont have to cash out right at 10.00
1 person likes this
@suehan1 (4344)
• Australia
7 May 08
since i started my post on this i have recieved my first ten dollars,now i have $17.00 waiting for me to cash out and i think i will wait for it to grow a bit bigger for cashing out.cheers sue
@TerryZ (22076)
• United States
28 Jan 08
Hi suehan I have mine set a ten dollars. So right now Im at fourteen dollars. Some day I will set it at twenty five dollars. Just to see how long that will take me.LOL
@suehan1 (4344)
• Australia
29 Jan 08
yes terry i think thats good i think it will be fun to set it higher and see how long it will take as it makes it something to achieve as well as doing something we enjoy like chatting to all our good friends here.i hope it does not take you long to achieve your 25 dollars.cheers sue
• United States
28 Jan 08
I have mine set at 20.00. I currently have .85. So, I have a LONG time to go. :) But, I prefer to get more money at one time vs a small check. It just makes more sense to me. I bank pretty far from the house. Its a good hour and a half. So, its a big drive to go to the bank.
1 person likes this
@suehan1 (4344)
• Australia
29 Jan 08
yes it does make more sense setting it higher,after reading everyones responses it seems to be the most popular.it gives you a goal for yourself and have fun trying to reach that goal.happy mylotting.cheers sue
@terri0824 (4991)
• United States
28 Jan 08
I cash out at $10.00 because it takes me forever to reach payout. It took me over seven months to reach it my second time of reach payout.
1 person likes this
@suehan1 (4344)
• Australia
28 Jan 08
yes i suppose it does take a real long time to make money on this site,but i don't mind as i love it anyway.it seems a good idea to cashout at 10 dollars as i might not get to 25 dollars.thanks cheers sue
@pastorkayte (2255)
• United States
28 Jan 08
I have not made it that far yet, I am only half way to my first payout so I have not cashed out yet, but I think after all the work I put in that I would rather have the money I made as soon as possible.
1 person likes this
@suehan1 (4344)
• Australia
28 Jan 08
yes it is a hard way to earn ten dolars i know.yes i not sure which way i will go yet until i see what the fees are like with paypal.thanks for sharing .cheers sue
@CherishC (249)
• United States
28 Jan 08
Right now I have mine set at $10.00. Once I get my first payment I'm going to set the payment at $25.00.
1 person likes this
@suehan1 (4344)
• Australia
28 Jan 08
thats a good goal to set.yes i think i may take my first ten dollars and then set my goal for higher.it gives you something to achieve.i will be so proud to achieve my first payment.cheers sue
@lala766 (239)
• United States
28 Jan 08
I set my payout at $50.00 at the rate I am going it will be 6 months before I get there. The $50.00 is motivation for me to keep participating in discussions!
1 person likes this
@suehan1 (4344)
• Australia
29 Jan 08
what a great motivation to set for yourself.it will keep you going to reach that 50 dollars .if it takes 6 months at least you will have fun doing it.i know i will be having fun,so i am going to set myself some goals.cheers sue