What is minimum for payout?

United States
July 3, 2007 6:05pm CST
I thought it was ten dollars and I thought payouts were made on the first. It's the third and I have over 10.00. I was just wondering if anyone knew off the top of their head.
5 responses
@tmlnmr (1850)
• Canada
3 Jul 07
Payout is what you set it as but normally $10.00. You will get paid between now and the 15th. Don't panic! LOL :)
1 person likes this
3 Jul 07
how can you change it?
1 person likes this
@tmlnmr (1850)
• Canada
3 Jul 07
Go to edit preferences and then the third tab is your payment information. You will see in there the minimum amount and where you want to have it go to. If you haven't selected the account you want it to go to then you will need to do that before they can give you the $$. :)
1 person likes this
• United States
4 Jul 07
Thanks for the reassurance.
• Malaysia
21 Jul 07
I've heard some mylot members said the minimum has to be $13 to cover the transferring cost. I don't know about paypal but I am using moneybookers. Recently I have money more than $13 and the transfer from mylot to moneybookers was successful. And the payment is done on the 15th, not the 1st.
• United States
22 Jul 07
Thanks for the response.
@sunshinecup (7871)
3 Jul 07
This was under "FAQS" at the bottom of the screen. If you have other questions you can look there first. http://www.mylot.com/o/faq/faq6.aspx#18 I made $10, why haven't I received a payment yet? There may be a couple of reasons why you haven't received your payment: First, you have to earn your minimum payout by the end of the month in order to receive your payment on the 15th of the following month. For example: If you make $10 by October 31st, you will receive $10 on November 15th. If you miss the end of the month cut off, you will receive your payment the following month. Secondly, double check to make sure you selected $10 as your minimum payout. You may have selected a higher amount. If this is the case, you can contact myLot to see what your options are at that time. Also make sure that all the information on the payment page is correct and accurate. If any information is incomplete or inaccurate, your payment will be withheld. For example: Please do not give initials for your name, make sure you enter your correct city/country, and do not make up names for any of this information. (Name: E. Parker; City: I Don't Know, Country: Somewhere; will not be accepted) If you have any questions, you can contact myLot Payments.
1 person likes this
• United States
4 Jul 07
Okay thanks for the response(s)... I didn't realize it was the 15th. thanks again. dr...
@freak369 (5113)
• United States
3 Jul 07
If you have ten dollars on the first, you will get a pay out to your PayPal (or if they still offer eGold) around the 13th - 15th of the month. Once you hit the minimum pay out level you should see a note at the bottom of your earning page that says you qualify for the pay out for that month. Anything you earn between the first and when ever the pay out date is, is carried over so you don't lose anything you earned.
1 person likes this
• United States
4 Jul 07
Thank you for the response.
3 Jul 07
It is $10 so I am not sure why it isn't working. Maybe when they mail out the check...i'm not sure
1 person likes this
• United States
4 Jul 07
That could be. Thanks for the reassuring explanation.