A question about payout here on mylot!

April 1, 2007 4:40am CST
This will be my first payout here on mylot and I have a question! I made the minimum payout level of $10. When payout is made on the 15th, do I only recieve what I earnt up to the cut off point? Is the rest carried over to next month? Or will I be paid everything I have earnt up until the 15th? For example... If on cut off date I earnt $10. But when payout is made I am up to $13. Will I just be paid the $10 and the extra $3 carry over to next month? Or will I lose that $3? OR Will I be paid the whole $13? Sorry I think I made this all sound far more confusing than it really is... But I am confused! LOL Think I should change my user name to "confusedmummyofthree" !!! LOL
5 people like this
10 responses
• Ireland
1 Apr 07
As far as I know, you get the payout up until the cut of date and anything made after that is carried over to your next payout when you reach $10 again, you can request a payout.
2 people like this
1 Apr 07
Thank you. At least I don't lose it!
1 person likes this
• Ireland
1 Apr 07
No probs
2 people like this
@amaine (2037)
• Philippines
1 Apr 07
Hey there. I have received my payment for the last month already. When I made it to the cut off date, I have $11.00. Then when the payout date approached, I had $17.00. I receieved my payment which is $15.33 and the rest was carried over the next month. Do not worry, you will not lose your money. :) I know you are excited for your payout. (--,) Congratualations and you made it to the cutoff. I am about to receive my second payment this month. Cheers to all. :)
2 people like this
• Grand Junction, Colorado
2 Apr 07
Just to explain the difference that amaine was talking about, it comes from discussions being deleted and also from members that have been banned. The extra is then divided up amongst everyone. Some will see more earnings lost than gained this is largely due to responding in discussions that were deleted. Hope that better explains the difference from where amaine was at the end of the month and what was actually received. :)
• Grand Junction, Colorado
2 Apr 07
Hello mummyofthree, I think that you got what everyone was trying to say but thought I would just touch on a few more things. The las day of the month is the cutoff for earnings. However this amount can go up and down until payout, due to discussions and responses being deleted. Also those members that have been banned their earnings are divided up amongst everyone here at mylot. Everything that isn't included in this months earnings will carry over for April. We won't know for sure what are earnings are and whether we have made it to payout, unless we are well over the minimum until later in April. At the bottom of the earnings it states the following: "All amounts are estimates and are subject to change until final payments are made." Just to try and better clarify things.
2 people like this
@wildhorse (1293)
• Egypt
2 Apr 07
I understand it's only up to the cut date, because they need the time to calculate and prepare the payout they must lock it at that date and they get it ready by the 15th. But I was told by many members that mylot always pay early, you can expect your payment as early as the 9th or the 12th of the new month.. that's exciting, I'm getting ready for an early surprise. lol
• Philippines
2 Apr 07
Yeah you will be paid all that you earn before cut off which is fifteen. If you will notice at your earning statement theres a little note at the bottom saying that "All amounts are estimates and are subject to change until final payments are made." That means everytime you earn it will be added to your pay out.
1 person likes this
3 Apr 07
Thanks for all the info guys!
@glowie (89)
• Singapore
2 Apr 07
congratualtion!! I only got $0.23 in my account... still a long long way to go... ; could you share how you do it within the month? how many discussion did you post on average do you post?
2 Apr 07
I have been a member one month and am on 702 discussions responded to. Good luck I am sure you will get there next time!
@samrat16 (2442)
• India
2 Apr 07
I have also reached my first payment and I'm quite happy . I have asked mylot staff regarding payment and they said I will get it on or before 15th april . The amount credited to my amount will be the amount which I earned till 31st march. It would be paid fully without any deduction from mylot side. I was told that I don't need to worry about payment and may be same I can write to you too .
1 person likes this
@samrat16 (2442)
• India
2 Apr 07
Sorry , I forgot to add that they deduct for discussions which are deleted or users which are banned.
1 person likes this
@raijin (10373)
• Philippines
2 Apr 07
Worry not mummyofthree, as you will recieve the exact amount of earnings that you get for the month of March. The earnings that was not counted during last month's cut-off will carried over for the next month's payment, just continue on doing your best. I am already anxious to recieve mine also, because I too am qualified to for the month of March!;)
@banta78 (4335)
• India
2 Apr 07
I think you are getting confused about payments hereon mylot. It is quite simple. If you have reached your minimum payout for July of $10 say you have $15 till 31st , the last day of the month. Then you get paid the whole $15 by the 15th of August. But if you fail reach $10 for July then it gets carried forward to August and if you reach $10 in August you will get paid by 15th of September. Hope that's not too confusing. good luck. :)
1 person likes this
@jennybianca (12915)
• Australia
2 Apr 07
You should receive ALL the earnings you have made, up to the 15th. not just the first $10.00. I am in the same position as you, so am keen for the 15th April to arrive.
1 person likes this