I earned $10, but why still not qualified for a payment?
By ejaji123
@ejaji123 (96)
India
June 14, 2008 11:04pm CST
Hi all,
Today I logged into my myLot account and saw that my total earnings have finally reached %10 (exactly). I wanted to cash it out and was looking for some link for that. However, I saw that, at the bottom of the earnings list, the same message was showing which has been showing since i started, as follows:
"You have not yet earned enough to qualify for a payment. Once you have accumulated earnings of $10 or more, you then will qualify for an earnings payment."
So, why is that message still showing, when I have already reached $10? And what exactly is the process for cashing out? Will some link be provided in place of the message that is presently showing there. Will I have to click some link to cash out or is it automatically transferred to my PayPal account? By when does it get transferred? And will myLot send me an email informing me after they transfer it? Thanks.
6 people like this
25 responses
@mrsjbelle (1640)
• United States
15 Jun 08
Its automatically transferred to your PayPal but not till the end of the month & unfortunitly I dont know which day they transfer. But dont worry you will get your funds along with any other you accumulate till the end of the month.
2 people like this
@sdas86 (6076)
• Malaysia
15 Jun 08
Hi,
If you have accumulated $10.00 or more in myLot, you will be paid before 15th of next month. MyLot only makes payment once at the beginning of the month.
You will get your payment on July before the 15th.
Keep on posting and you will make more money and then you can get all of the money on the beginning of July.
Best of luck to you.
@Insung001 (740)
• Philippines
15 Jun 08
Wow, congratulations. I'm really impressed because you only have 65 post(as of the writting of this) and you already have reached the $10 pay out. That's great! How'd you do that? If you minimum is set correctly to $10, mylot will automatically transfer your earning to your paypal account on the payment schedule.
@fortknox75 (842)
• Philippines
15 Jun 08
hi ejaji, congratulations for finally reaching the minimum payout of $10. However, since our earnings are just estimates and still subject to changes, I guess you have to post some more responses to make sure you qualify for the pay.
I'm still working to reach the payout until the end of this month. And I hope I could make it also like you.
I just noticed that you only have 65 posts. Is that true? Your rate per post should have been quite high for you to earn $10 at that number of posts. Because I already have 240 posts but I'm still halfway through the payout.
Best regards and have a great day. Again, congratulations!
@metschica25 (5399)
• United States
15 Jun 08
From what I know you have to wait till the start of the month. How did you earn that much , did you refer many people? Just wow if you made that much with out .
1 person likes this
@sanell (2112)
• United States
16 Jun 08
actually it is the 15th of every month, and since you just reached it you have another month out...if that makes any sense. Also check your preferences to make sure you are set to receive funds at $10.00 because I think it defaults at $25.00....
Congrats though!
@KrauseHome (36448)
• United States
16 Jun 08
Well, do you have your Paypal information included in here so when you reach your $10 it will say that you have reached the $10? Also do you have your payment amount for Cash out set to only $10?
Once you have reached the $10 in any one month by the end of a month, myLot will deposit it into your paypal account on or before the 15th of the month. You will then get an Email from paypal saying money has been deposited into your account. So if you have reached the $10, you should have the money in there no later than July 15th.
@smartbrain69 (2790)
• Canada
16 Jun 08
Congratulations on reaching the payment.. soon you will be paid. Don't worry about it.
@lossforredwords (3620)
• Philippines
15 Jun 08
yeah, I agree with myklj999. I think you got it wrong. Usually it will take you hundreds of post before reaching that ten dollars. But, but, but if not maybe you reach that "ten dollar" but doesn't cover for the month's pay out and may get that ten dollar the next month.
@Darkwing (21583)
•
16 Jun 08
Mylot works from day one of the month, to the final day, i.e. 12.01 central time on 1st of the month, to 12.00 midnight central time on 30th/31st. This stays in your account until around the 15th of the following month, when it will be transferred automatically to Paypal.
I hope this helps. Brightest Blessings.
@snowy22315 (180721)
• United States
16 Jun 08
I 'm not sure what you mean by the percent sign. If your payment is set at ten dollars you will be able to cashout by the end of this month. You will be paid for anything you earn until the end of the month. You will receive a pay pal payment by the 15th of July if you have made your ten dollar payment by the end of June.
@jerzgirl (9291)
• United States
15 Jun 08
Everything you earn this month is transferred to PayPal or mailed by check (depending on the choice you made) in the middle of next month. So, if you've earned $10 as of 6/15, you won't get paid until around 7/15. They only pay out once a month.
As to why it says you haven't reached payout when you have, I can't say. Might just be the way it's set up because of the payout system. The month isn't over yet, so it won't let you request payment. But, on that one, I'm just guessing.
1 person likes this
@chinnu3579 (661)
• India
15 Jun 08
Iam also eager to know how our earnings will be transfered.Frankly speaking I have not read anything before joining mylot,one of my freind introduced me and automatically i started discussions.but i donot know how it will transfered.I request one and all to share this problem to solve.
1 person likes this
@lingli_78 (12822)
• Australia
15 Jun 08
ehmm... that is weird... it never happens to me before... usually, mylot automatically change the message to congratulations, you have earned enough to receive payment... we will process the payment before the 15th of next month... you might want to contact the admin and ask them what happens... we never have to request for payout here as mylot do it automatically... good luck and i hope it will be sorted... take care and have a nice day...
@Hatley (163776)
• Garden Grove, California
15 Jun 08
mylot goes by the month and when you have gualified you will
be notified, and when you are paid you will be notified and
the money will appear in your paypal account usually around the twelveth or fifteenth of the month. the mylot will notify
you.
@TheManager24 (1302)
• Philippines
15 Jun 08
cool! reaching 10USD with less than 100 posts!
it should happen automatically after each month... contact them or read the FAQ section to help you.
congratulations..
@jacksonesu (7)
• United States
15 Jun 08
I belive that it is automatically transferd into your account. I dont think you could have earned $10.00 with so few post. Ive done like 6 and I only have $0.04 how many refferals do you have. I know you can get alot of renevue that way also.
@swarooop_479 (63)
• India
15 Jun 08
Frankly speaking I have not read anything before joining mylot,