Payment Limit on myLot
By fufurinha
@fufurinha (11930)
Portugal
August 13, 2015 10:35am CST
Hey there guys.
I have just spent my first hour here on myLot. Since I signed in I could leave this website anymore. I am so excited in discover everything and there is so many things to see here.
So I have just earned my first cents (and it seems so good :D) and I was wondering about the payment.
I have read that I need to reach 10$ to get my payment (I think that payments occur at the 15th of each month). But my doubt is if there is a maximum that we can redeem each month.
16 people like this
16 responses
@kiran8 (15348)
• Mangalore, India
14 Aug 15
Hi, from the way my earning is adding up I don't expect to get a payout anytime soon...LOL, that is the minimum payout ...But we keep posting as and when we can and hope they introduce other features which really helped one increase earnings ..all the best
3 people like this
@dpk262006 (58676)
• Delhi, India
14 Aug 15
@Kiran - Don't lose patience so soon. . You will surely be rewarded for your efforts.
3 people like this
@topffer (42156)
• France
13 Aug 15
There was no limit in the old myLot. Once you had reached $10, all money on your balance was automatically paid. It was also possible for members to fix a higher limit for the payout. The only way to do this now would be to not give a PayPal address for the payout until you reach the amount you want to cash out.
2 people like this
@fufurinha (11930)
• Portugal
13 Aug 15
So i "delete" my paypal e-mail if I want to receive more than 10 dollars at a time. Ok, got it :) thanks
2 people like this
@rosekiss (30414)
• Eugene, Oregon
13 Aug 15
It is like others have said that once you reach $10 by the end of the month, then you will be paid what you earned up to the end of the month. Now, any excess over and above what you earned after that, will go towards the next payment. i hope this hasn't confused you as i have tried to explain it the best i can. Just keep posting, and you will have the minimum in no time. Sit back, relax and have fun.
2 people like this
@fufurinha (11930)
• Portugal
13 Aug 15
@rosekiss yeah, I think I got if. If I have 11 dollars by the end of August, that's the amount I will receive in September. If I earn 1 dollar on the 1st of September it will be paid on October, right? :)
1 person likes this
@rusty2rusty (6763)
• Defiance, Ohio
14 Aug 15
Yes, MyLot pays once a month. There was never any minimum or maximum pay out amount. You will get what you earn. If you earn $20.00 a month. You get paid that. If you made $32.96, you get that. As long as you have a confirmed Paypal account.
@rusty2rusty (6763)
• Defiance, Ohio
14 Aug 15
@fufurinha Than no worries you should be fine.
1 person likes this
@fufurinha (11930)
• Portugal
24 Aug 15
@Gina145 Yeah, and in personal paper it is 25 dollars. And it is way harder to earn money there.
2 people like this
@gregario888 (1276)
• Aurangabad, India
14 Aug 15
You are lucky, I am yet to see my first cent! Keeping fingers crossed for the pay dirt.
1 person likes this
@fufurinha (11930)
• Portugal
25 Aug 15
@Gina145 I spend just the time I have free. Which nowadays isn't much.
1 person likes this
@Gina145 (3949)
• Johannesburg, South Africa
24 Aug 15
@fufurinha I would like to be, but I don't work fast enough to earn a lot without spending my whole day here.
1 person likes this
@dpk262006 (58676)
• Delhi, India
14 Aug 15
You see two years ago mylot used to pay as our respected friend @PhredWrech has described. However, till you get your first payment or reach the thrash hold limit (which could be $10) you should wait patiently. You will surely be rewarded for your posts (efforts). Whatever you have posted till the last day of any month, payment will generally be made in the second or third week of the succeeding month.
1 person likes this
@fufurinha (11930)
• Portugal
14 Aug 15
Yeah I know that I have to be patient :)
1 person likes this
@GardenGerty (160615)
• United States
14 Aug 15
@fufurinha Being patient is fairly easy since the site is so much fun and the friends are great.
1 person likes this
@Shellyann36 (11384)
• United States
13 Aug 15
I see that @Some Guy Typing answered the question below. Its good to know we can cash out for $10+ each month.
1 person likes this
@kevin1877uk (36988)
•
13 Aug 15
@fufurinha I sure you will, just be active around the website :)
1 person likes this
@fufurinha (11930)
• Portugal
13 Aug 15
Thank you so much! I hope I do well here :D
1 person likes this
@Gwensmom (504)
• United States
14 Aug 15
@fufurinha , you said that you love to be on the internet so I am sure you will do well. The more you do here and more time you spend makes all the difference.
1 person likes this
@fufurinha (11930)
• Portugal
14 Aug 15
Read the comments above :) everything is well explained by other members.
@DanieGirl80587 (2713)
• United States
13 Aug 15
Thank you for the question. I was wondering about how all this works myself. And I love that you don't have to request a payout. Once you hit the $10 then you get paid. Awesome!
1 person likes this
@fufurinha (11930)
• Portugal
14 Aug 15
I can't wait for the first time that happens :D
1 person likes this
@silvermist (19702)
• India
13 Aug 15
It is good that you raised this doubt .All of us can get a clear idea of the rules about payment at myLot.
1 person likes this
@LeaPea2417 (37350)
• Toccoa, Georgia
13 Aug 15
That is good to know that once 10 dollars is hit, they will automatically pay on the 15th of the coming month.
1 person likes this