How does it work?

United States
December 31, 2006 6:54pm CST
I'm still relatively new to MyLot.com and I'm wondering about something. I've seen many MANY posts about people sweating over the couple of bucks you make here. Now, I personally am not so concerned about the money. I would prefer to just let it build up over time and maybe put into my paypal so I can shop a little on e-bay or something. But I'm wondering if can do that? Do you have to make a certain amount per month in order to collect your money or can you just let it build up until you have like 50 bucks and then collect it?
5 people like this
41 responses
@kylesmiles (1913)
• United States
1 Jan 07
Hi there. In your profile you can change the payout amount and I believe you can change it to $50! :) I am here for the money... well I like this site... it allows us to earn money for our opinions. Unfortunately too many people on here are cheating their way to an extra cent or two! But that is why there are a few of us working together to report them (the link is on my profile)!! Anyway, I like the extra money. I am putting it away in my savings accounts that are earning 5% interest! yay! :)
4 people like this
• United States
1 Jan 07
I did that, but I wasn't sure if it would build up or just roll over every month and start fresh. But thanks for the response!
1 person likes this
@kareng (7980)
• United States
1 Jan 07
It sounds like you have done the right thing! Good luck! I'll be cashing mine in every $10.00!
• United States
1 Jan 07
i just started and i dont know how to get my paypal email because i have a paypal but it askes for your paypal email and i dont know where to find mine
• United States
1 Jan 07
I am also new here but I believe that when you signed up there was an option for you to choose at how much you wanted to cash out for your pay pal. I have mine set at $10 because once it is in pay pal I can just let it sit there until I want to use it, but if I find something I want then it is already in my account.
1 person likes this
• United States
1 Jan 07
If you let your money sit in paypal you can also gian 5% intrest if you keep it in paypal to the end of the month, its a free upgrade....
1 person likes this
@Trace86 (5033)
• United States
1 Jan 07
You can get interest from leaving money in paypal? How do you do that because I just went there and couldn't see that option. I do surveys and get 2 or 3 bucks sent to paypal every once in a while and don't tend to cash out until I have 10 bucks anyway. So, how do you sign up for interest? That would be like an extra savings account and totally cool.
1 person likes this
@Muslimah (811)
• United States
1 Jan 07
well im new also but if you go to your profile it will let you make that choice if you want to wait till you reach a certain ammount then pay off or..... its up to you. But yeh its not much $$ being tossed around here. Take care
@missyann73 (1457)
• United States
1 Jan 07
I enjoy this site. I looked for discussions that mean a lot to me, and YES the money is important to me right now, because it helps me keep my terminally ill mother in diapers.
@Sir_bobby88 (8244)
• Singapore
1 Jan 07
I think it is always better to get the money in hands first yea .... earning $50 dollars here is soooo... hard here yea
1 person likes this
• India
1 Jan 07
Let it build upto $100 and then ask them to transfer it to your account. Be aware that earning that much may well take many many months and 100's of hours. So just take part in discussions and forget about money. It is not worth the effort. Just see how much you earn after say 6 months, since by then it will be something.
1 person likes this
• Sri Lanka
1 Jan 07
You can change the payout minimum from you profile. But my advise it for you to have it transferred to someplace where you can effectively use it. Maybe to buy something from Amazon. I enjoy mylot and the payment is only secondary to me.
• United States
1 Jan 07
I believe that if you can choose the amount to be held until they send the payment to your paypal account than the what you make for one month should roll over to the following month. I am new here to, so I am learning as I go, but that is my understanding of things from reading the faq page about the payment options.
1 person likes this
@santoo (36)
• India
1 Jan 07
yaa.. me 2 a new guy here..so..donno much
1 person likes this
@valmiki9 (1171)
• India
1 Jan 07
in any case the deposit will be in your paypal account.so you canwithdraw when you feel like it.
1 person likes this
@mirage108 (3403)
• United States
2 Jan 07
You can set the minimium amount that you want to get paid, I belive off the top of my memory that it go's like 10, 25, 50, and 100 dollars that you can set the minimum at. Just remember that just like anything else something can fail, and if you havent made the amount to collect and the program fails then you might loose all your earnings, I would take the min amount which is $10. and let it sit in the paypal account. it is safe there
@Languish (137)
2 Jan 07
I am new as well - eagerly chewing up information to find out how it all works. I like the idea of earning while you give opinions on and discuss a topic.
@suahsan (785)
• United States
1 Jan 07
well my ear welcome here this is really a good place you have to earn more as you want and here you can earn more but before that complete the rating of 500 and after that you will earn more and mroe you can earn here to upload image to give responce and comments but before tht reach on 500 ratings...
@kastor003 (364)
• India
1 Jan 07
no it is not a neccesity to earn a fixed amount per month. mylot limits you in terms of withdrals. it can be minimum if 10 dollads. there is no time frame for this. you can increase it to 25 dollars or even 50 dollars. enjoy
• United States
1 Jan 07
I think it would be really cool if this whole thing worked out to actually be a considerable and effective income. I just hears about this thing on a job posting website and it sounded too good to be true. I signed up, and we'll see how things go.
1 Jan 07
Under your account you can change the value of the money you want to recieve. You will have to make at least 10 bucks to get paid, but u can change it to 50 if you would like. They give that opportunity. But the minimum required is 10dls.
@imakella (669)
• United States
1 Jan 07
it does with both time and mind. u have to work with the brain while working. are u really bored of doing this?
@myrith (1830)
• Canada
1 Jan 07
As I understand it you can let it build up before asking for payout, I'm relatively new here, and am working my way towards payday, and I've read they do pay.....Good luck!
• Indonesia
1 Jan 07
If only was left alone and only was waiting for you wanted could money from where without must try hard, was not possible for money to fall from sky, here in mylot this we were very lucky could know many friends to be able to exchange thoughts, chatted and could money, just discussion that could quality and increase the concept or posting that was appropriate to be discussed, mylot will pay all those in an appropriate manner
• Canada
1 Jan 07
I think you've got the right idea. Just let it accumulate, and see what happens. As you go along, you may become more inspired to make more, and there are ways to do that. There are many posts here that offer great advice on how to do it. Work your way through the posts and see what you can come up with. Good Luck !