Any guesses as to what minimum MyLot payout will be in May/June?
By The Horse
@TheHorse (220068)
Walnut Creek, California
April 21, 2016 10:15am CST
Earnings have been down a bit for me recently, but I'll still make the old minimum of $10 this month, with a little room to spare. I realize it's only "symbolic," as the minimum payout for April is $1.00.
But I'm wondering what MyLot will do in May. Will they keep it at $1.00? Or raise it slightly to $3.00 or $5.00? What are your thoughts? What are your hopes? To me personally, it doesn't matter, UNLESS it brings more activity to the site overall.
53 people like this
56 responses
@GoAskAlice (5827)
•
21 Apr 16
As it stands right now, the minimum to receive a payout in May for the month of April will remain at $1.00. Beyond that, we don't know just yet.
20 people like this
@Mike197602 (15512)
• United Kingdom
21 Apr 16
I think $5 is a good amount and maybe every few months drop it to $1 again to encourage people.
11 people like this
@davidalicea100 (3495)
• Merced, California
22 Apr 16
100 dollars seems fine for me lol Yeah right
4 people like this
@allknowing (137553)
• India
22 Apr 16
I notice I get less responses to my posts.
I am not unduly concerned amount payment limit as I normally get those 10 dollars and more.
4 people like this
@allknowing (137553)
• India
22 Apr 16
@TheHorse In my case there is a sudden drop in interaction. Even if I wait for over 5 hours and more before I post another one hardly five or six will interact.
2 people like this
@TheHorse (220068)
• Walnut Creek, California
22 Apr 16
@allknowing Yep, things are slow right now. I hope they pick up again.
1 person likes this
@Ruby3881 (1963)
• Canada
21 Apr 16
It may just return to $10, but there seems to be a lot of interest in a slightly lower threshold - say, $5. I imagine there was a good reason to lower the threshold to $1, and if that reason still exists even just in part, it would be a good idea to consider a lower figure for May/June.
4 people like this
@davidalicea100 (3495)
• Merced, California
22 Apr 16
Even 3 dollars would seem just fine, ten was to hard for me to reach and i was on here for hours.
5 people like this
@TheHorse (220068)
• Walnut Creek, California
22 Apr 16
@davidalicea100 Did people respond to your comments? It's others' responses to your comments that lead to revenues.
6 people like this
@carebear29 (31970)
• Wausau, Wisconsin
21 Apr 16
That is a good question. @GoAskAlice
2 people like this
@carebear29 (31970)
• Wausau, Wisconsin
22 Apr 16
@TheHorse I always tag him when I see idea posts.
2 people like this
@TheHorse (220068)
• Walnut Creek, California
22 Apr 16
@carebear29 Makes sense.
1 person likes this
@davidalicea100 (3495)
• Merced, California
22 Apr 16
How can mylot afford to keep paying if more and more people join?
3 people like this
@davidalicea100 (3495)
• Merced, California
28 Apr 16
@TheHorse No jail time for stock brokers it is the same thing as robbing a bank except us common folk go to jail.
3 people like this
@davidalicea100 (3495)
• Merced, California
28 Apr 16
@vandana7 i will help mylot rob banks. Banks rob us all the time :)
3 people like this
@TheHorse (220068)
• Walnut Creek, California
28 Apr 16
@davidalicea100 My bank treats me OK. I think stock brokers rob us more.
3 people like this
@Jessicalynnt (50523)
• Centralia, Missouri
22 Apr 16
if it doesnt cost them more I think they should keep it at a dollar, this has encouraged many people
3 people like this
@Jessicalynnt (50523)
• Centralia, Missouri
29 Apr 16
@vandana7 I am staying right here myself
3 people like this
@OneOfMany (12150)
• United States
22 Apr 16
I haven't hit $4 yet this month, so I would be happy with a $5 target. I was able to get to a higher amount faster because it was reduced. I wasn't really active on here while it was still $10.
2 people like this
@TheHorse (220068)
• Walnut Creek, California
28 Apr 16
@OneOfMany I think you'll make it!
2 people like this
@fishtiger58 (29820)
• Momence, Illinois
22 Apr 16
I have made payout every month since joining here 4 months ago. I think they should just leave it at 1 dollar it will certainly make more members happy.
2 people like this
@fishtiger58 (29820)
• Momence, Illinois
24 Apr 16
@TheHorse I agree, some days it's just slow here.
2 people like this
@JohnRoberts (109846)
• Los Angeles, California
21 Apr 16
It's doesn't matter to me. If you fall short one month, it carries over to the next month then you'll get a payout. It's not like financial ruin if you don't get that payout.
3 people like this
@jahernandezrivas (11288)
• United States
21 Apr 16
Not sure but I know I wish it was lower than $10.00 because sometimes it is hard for me to reach that 10 dollar mark I am not even at a Dollar today. But if it remains at $10.00 that's cool because I love this site. I was on the old site here to before they shut down and I was so happy to see it back up again.
2 people like this
@kevin1877uk (36988)
•
27 Apr 16
I've seen that Admin had to say and it's great they are keeping it to a dollar, awesome.
2 people like this
@kevin1877uk (36988)
•
28 Apr 16
@TheHorse Ooops, sorry I miss read what Amin said below, trying to go too many things I guess.
1 person likes this
@CaptAlbertWhisker (32748)
• Calgary, Alberta
21 Apr 16
the anticipation excites the heck out of me, I kinda wish 1 dollar will stay,
2 people like this
