Payout question...yes another one...
By Adelida2233
@Adelida2233 (1005)
United States
May 16, 2008 5:22pm CST
I know this has to have been asked and answered at least a dozen times,so I apologize.
Here is a hypothetical situation:
Payout is set at $10
Earnings for entire month so far: $17.98(not my actual earnings, by the way, but a number to look forward to)
If I go over $25 before the end of the month, will I get all of my money that I earned in the month, or only the $10 because that is what I have my payout set at?
Do I need to change my payout every month to receive the max amount, or can I just leave it at $10 and if I make more I get it?
3 people like this
12 responses
@obidan (367)
• Romania
16 May 08
From other disscussions regarding this subject that I have read so far, I understand that if in 1 month , your minimum payout is 10$, but you gain 100$, you get paid 100$
But if in 1 month your minimum payout is 25$ , if your earnings are 15, you can't.
So you are safe to go with 10$ and get all the money.
Anyways, that's how I understood it , leaving more advanced members to clear this out for you!
2 people like this
@Adelida2233 (1005)
• United States
16 May 08
Cool. Thanks so much for your response.
By the way, I like your profile picture. I was going to tell you on something you posted on earlier, but then couldn't find your image again.
1 person likes this
@quiltedblessings (1066)
• United States
16 May 08
You will get the entire amount that you earn by the end of the month.
1 person likes this
@Adelida2233 (1005)
• United States
16 May 08
cool thanks so much for your response. Off to get some more earnings then...
@sedel1027 (17846)
• Cupertino, California
16 May 08
You will get paid whatever you have earned. The setting is just to give you an option at what you want to be paid out on.
1 person likes this
@lingli_78 (12822)
• Australia
17 May 08
hi adelida... you will get paid in full amount whatever money you earn in that month... so if you set your min payout to $10 and you earn more than $10 in a month, mylot will pay you the whole amount... so please do not worry about it... this is a legitimate site and it will pay you for your efforts and contributions... have fun and have a nice day...
@marciascott (25529)
• United States
17 May 08
Hi Lingli How are you I hope you are having a wonderful weekend!
@Adelida2233 (1005)
• United States
17 May 08
Yeah. I have no fears of being paid, which is quite a change. I've seen tons of people saying they have been paid for this month so I'm not worried. I was just wondering so I can start planning what I am going to buy. :)
@danishcanadian (28953)
• Canada
16 May 08
You would not need to change your payout. $10 is only the MINIMUM. People might set their payouts higher for a couple of reasons.
a) to set higher goals, knowing they won't be paid unless they reach them
b) to use MyLot as a form of saings, and not bepaid every month, so that they will receive more money when they are not expecing it, instead of a tiny payout every month.
I am set at $10.
@Adelida2233 (1005)
• United States
16 May 08
thanks so much for your answer. I get it now. I'll just leave it at $10 then.
It's a horrifying thought that someone would use this as a savings account of sorts, but I'm sure someone is doing it.
Thanks so much!
@kenzie45230 (3560)
• United States
17 May 08
Thanks for asking this. Now I don't have to. :-) I learned from the responses you got. Awesome.
@Adelida2233 (1005)
• United States
17 May 08
Glad I could help. :) Welcome to Mylot, although I haven't been here long myself, I really like it.
@marciascott (25529)
• United States
17 May 08
Yes, If you make more you will get it, anything over $10.00 of course you will get it. I made 12.75 and I got it, it took a couple of months to get it though.
@luvstochat (6907)
• United States
17 May 08
You will get the entire amount you have earned at the end of the month so if on May 31st you end up with $17.98 you will be paid $17,98 on or before the 15th of June. Happy mylotting keep on posting.
@snowy22315 (180705)
• United States
17 May 08
I will be interested in hearing the answer to this because I want to get as much as I can by the end of the month. Thanks for bringing it up.
@abdulmajeed (75)
• India
17 May 08
I agree with you. The Payouts of mylot is too less for each discussion that I even can't pay my internet bill from the whole month earning of mylot.
It should be increased . Or please guide me for the discussion of other topics which pay more so that the monthly earning is substantial.
