I didn't mean to be a liar...
By Joliet Jake
November 30, 2017 5:29am CST
...but I guess I've been lying for a long time now. I've stated for a long time that my lowest-earning month here was $14.91, but technically, that isn't true. In July 2015 I only earned $1.9995 Of course, technically they started paying again in August 2015 and issued the first payments in September 2015, but they back-dated the payment algorithm to include July 2015. So in September 2015 I was paid $18.81, but that was for the last half of July ($1.9995) and all of August ($16.8074). Therefore, even though I have been paid every month, there is technically a month I didn't earn the minimum. And I'd like to point something else out. Many users complain myLot needs to 'raise' the amount they pay us. They actually did raise it back on August 9th 2015. They almost doubled the amount they were giving us previous to then. They took into account what the site earns, and decided they could give us more and still be sustainable. And I think many of us are happy with that...we want the site to remain sustainable. Getting a cash incentive is nice...but the amount isn't that important to many of us. If it was, I would have to rank myLot pretty low on the scale as an 'earning site'. But as it is, it gets ranked at the top of my favorite sites. (Note: this is not a paid advertisement...although I am open to getting paid to promote the site if anyone from Admin is listening. )
30 people like this
30 Nov 17
This is my fave site. It feels good to express what we feel without any judgements. I like the friendly community and the interactions doesn't only what makes us a family but it also helps somehow to addend up our earnings. Great as it is!
30 Nov 17
when you say, "They took into account what the site earns, and decided they could give us more and still be sustainable." - does it mean mylot is really raking it in now? ka-ching! ka-ching! ka-ching! when you say, "Many users complain myLot needs to 'raise' the amount they pay us." - hmm, what if mylot did, but they started implementing "standards" like minimum number of words, maximum posts per 24 hours, and other restrictions and limits done by other sites?
• United States
30 Nov 17
I wouldn't say 'raking it in' but the site was created for the owners to make money for themselves. They've avoided implementing minimums/maximums to keep the site with more of a 'free' feeling to it, to my understanding, but even then, that wouldn't mean they could raise what they give us, since total revenue would actually go down.
30 Nov 17
@JolietJake i think stats like these are far off the mark
mylot.com receives about 27,900 unique visitors per day, and it is ranked 18,560 in the world. Find more data about mylot.
1 Dec 17
i am contented with the required amount before we are paid out. if the payment goes back to $10, it might take me 3 months to achieve that amount. i would not also like it to be at the minimum of $1, because the other users might search for other sites then the population will decrease.