Payment for myLot
By rebelde834
@rebelde834 (43)
February 28, 2011 12:29am CST
Hi guys, I'm new here at myLot, i don't want to sound money oriented but hey there's nothing wrong about earning a few bucks.
Just want to ask on how will you receive your payout on myLot?
And on how to transfer the funds on my account? I definitely have no idea.
Thanks for your response.
1 person likes this
4 responses
@yallit (3677)
• Philippines
28 Feb 11
Earnings are calculated daily but will be summed up by the end of the month. If you have accumulated $10, it will be automatically sent to your Paypal account on the 15th of the following month. You can set the minimum cashout preference though to a higher amount if you like.
Here's a much detailed explanation about earnings ang payment: http://www.mylot.com/o/faq/faq6.aspx
@rebelde834 (43)
•
28 Feb 11
thanks for the link sir.
appreciate it.
Last question sir.
What if i my monthly income could not reach the desired payout of 10$
would it just be around 8$, would it still be forwarded to my next monthly
income until i could accumulate 10$?
1 person likes this
@aimankarikal (169)
• India
28 Feb 11
thanks for the information. i am new here & it was required by me & thanks.
@zralte (4178)
• India
28 Feb 11
If you don't earn $10 by the end of the month, say you got $8 by end of today (today being last day of Feb), the $8 will be carried over to the next month. Your earnings are transferred to your Paypal account ONLY when you make payout, set at $10 by default, which you can increase if you choose to.
1 person likes this
@rosekiss (30380)
• Eugene, Oregon
28 Feb 11
Once you reach the minimum, then you will be paid by the 15th of the following month, and if you don't have the minimum, then what you do have will be carried over and what you make the next month will be added to it. If you go over the minimum by the end of the month, then you will get that amount. Also, once you are paid, whtever is left goes toward the month you got paid and then you continue to earn until you reach the minimum. I used to get the iminum every month, but now I don't as I don't post as much as I used to, so I won't get paid in March, but I wqill be paid in April, provided I get the payout by the end of March. I hope that I have explained it well enough for you to understand it all. I do wish you good luck though, and happy mylotting. 
@rosekiss (30380)
• Eugene, Oregon
1 Mar 11
I am a woman not a man, but to answer your question, you just have to be active and participate as that is best strategy. I really don't have a special techniques I use, as I just find discussions to post to under my interests, and I go from there. I don't post to the same interest all the time though, as I jump form one interest to another. You will find that this isn't a get rich site as it does take time to make anything here. It can be done though, but you have to put effort into it.
@rebelde834 (43)
•
1 Mar 11
Thank you sir. You really did enlighten me.
And i appreciate your detailed explanation.
Last question, Can you give me some advices/ techniques on
how to earn a good amount on mylot.
1 person likes this
@kalesh13 (58)
• India
4 Mar 11
You will receive money into your Paypal account when you reach the minimum payout. It is set by default to $10. You could increase that if you wish. But I think no one would do that.
I haven't yet reached this milestone. But when I get it I will upload the screen shot of the payment. I have seen many such screen shot in here. So I dont think they are Scam. How much have you earned so far?
@rebelde834 (43)
•
5 Mar 11
26 cents.. Lol.
But its really nice knowing you could earn from just
participating in any discussions.
