Higher minimal payout
By qianyun6
@qianyun6 (2067)
China
September 11, 2010 1:47am CST
All my fellow myLotters know that myLot have four level of minimal payout: $10, $25, $50 and $100. Is there anybody who is using $25 or higher? I'm always curious about whether we'll have some benefits if we choose a higher minimal payout, or why does myLot give them?
When we join an online earning site, we like low minimal payout because the money we make will be truly ours sooner. We are afraid of being scammed. So I think most of us should choose $10. And since myLot pays us monthly, that means, no matter which you choose, you'll never be paid more frequently than once per month. I think it's not too frequently.
So do you think the other three choices, $25, $50 and $100 are useless?
PS. I don't mean that myLot will become scam. Of course myLot is worth our trust. But from a common person's perspective, I can't think out the reason why we would choose a higher minimal payout.
1 person likes this
11 responses
@atv818 (1980)
• United Arab Emirates
11 Sep 10
I agree with you, qianyun6. I bet that most MyLotters are choosing $10. I think what admin is doing is that it is helping us save more by making the pay-out higher. Most of us has the tendency of spending any cash we can get our hands on. By setting our minds and pay-out at a higher amount, we are delaying the gratification so that once we finally get it, we can have more to use. MyLot's way of helping people to save more money.
1 person likes this
@p1kef1sh (45681)
•
11 Sep 10
I think that it depends on where in the world you live and how active you are on myLot. Firstly myLot is most certainly NOT a scam. I have been a member for almost 3 years and they have paid whenever I have qualified. In the North America, Europe and Australia/New Zealand $10 is not a lot of money. $25 is more worthwhile and for many it is simply a more comfortable sum to be paid out with. I used to be very active here and my account was set to $25 per month and I invariably achieved that sum and more. Nowadays it can take me two or three months to reach $10 even so I have lowered my payout amount or it would take me forever to see anything. The important thing is to enjoy your time here and the money will follow. Happy myLotting.
@hardworkinggurl (37063)
• United States
11 Sep 10
EdnaReyes, I am sure that when you do get that $50 and or more it will be yet even more enjoyable. Bless you, and happy myLotting!
@EdnaReyes (2622)
• Philippines
11 Sep 10
same here, in fact I have changed my minimum payout from $10 to $50 cause i'm enjoying this site!
@youless (112586)
• Guangzhou, China
12 Sep 10
If Mylot could have a lower minimum for the payout, I would choose it at first:) It is not easy to reach USD10 and I have to spend at least 2 months for it:) I won't consider to choose a higher minimum payout because I don't want to wait for a long time. It is better that the money is in your hand as soon as possible. Besides Mylot won't charge you the paying fee, so why I have to choose a higher minimum payout?
I love China
@Downwindz (2537)
• Netherlands
13 Sep 10
I have it at $10 for Payout and I think I will keep it like this, I like to get paid more often :) And it is far easier for me to reach $10 every montht han for example $25...
@tomitomi (5429)
• Singapore
11 Sep 10
I have opted for the $10 since that's the miminum. And I've enjoyed several payouts although not monthly as much as I love to. I would love to suggest a $5 payout because I think that would suit me and my lifestyle more as I'm here on myLot on a part-time basis.
The other denominations are just as useful but to those who meet their requirements. And that would be for people with more time to work here on myLot.
And it's been great here on myLot, afterall, to be paid. Thank you myLot!
@jhyan007 (467)
• Philippines
12 Sep 10
...other people would love to payout a higher amount than $ 10.00..for various reasons...maybe they just don't have something where they can spend their money to and would rather choose to keep it as it is until it reach their desired amount higher than $ 10.00..personally, i choose to have $ 10.00, not because i am afraid that i might get scammed but because, i badly need it..lol.
@Hatley (163776)
• Garden Grove, California
11 Sep 10
hi qianyun6 I could push it up to 25 as I always make more than that but since one never knows when something might come up amd I could not make
that much I would not be able to get my money so I just keep it a ten and am safer that way. lol lol.
@qianyun6 (2067)
• China
14 Sep 10
Hi, Hatley!
Yes, that's what I mean. if you can make more than $25 per month, choosing $10 as minimum has no difference of choosing $25, both are being paid monthly.
You are so great to make that more in only one month!
Thank you for your response and happy myLotting!
@hardworkinggurl (37063)
• United States
11 Sep 10
I suppose members opt to a set amount due to their financial situation. Some would opt to lower as they truly need the money as fast as possible. Some prefer higher as they do not need it as much as someone else may.
Basically it does not matter to me which is the set amount as I feel myLot to be more than just an earning site. I am happy that my efforts are rewarded monthly.
@saranshnaik (193)
• India
11 Sep 10
i have just joined the mylot 15 days ago and i am good enough on it.i would like to make my first payout after $10.
@jeffyryi (78)
• Philippines
11 Sep 10
I think $10 minimal payout is just right for me. The other 3 higher payouts are just fine it depends on how intensively you do for myLot. Its all about time and effort.
@kenzi1677 (24)
• Indonesia
11 Sep 10
i not yet get paid..hhee.
but soon i want to payout in $10..
hhe..
God Bless ME