When I reach payout amount on mylot what do I do?
@chrystaltears (3392)
United States
6 responses
@smacksman (6053)
•
19 Nov 10
Correct. You just sit back and wait for Paypal to tell you that Mylot has paid in the money. I have had over 20 payments from Mylot so if you have earned it, then they will pay.
700 posts is about right to make $10 at the moment it seems.
@smacksman (6053)
•
22 Nov 10
Thanks for the BR, @chrystaltears. It's nice to be appreciated when all I'm trying to do is help fellow members.
1 person likes this
@chrystaltears (3392)
• United States
19 Nov 10
Smacksman. I think you pretty well hit it on the nose!
@hippiemomdiaries (815)
• Philippines
19 Nov 10
Thank you so much for answering this query. I actually have the same query because I'm just a few inches away from payout :-) It's good to hear from people like you that you indeed received payments. It's good to be assured that all the hard work, which I actually enjoyed, will not be in vain. More power to all of us here at MyLot!
1 person likes this
@carolscash (9491)
• United States
19 Nov 10
It is automatic. When you reach the payout that you set, they will deposit the money into your paypal account by the 15th of the next month. It is nice that we don't have to go in and press a button to get it as they know we set the amount that we wanted.
@ivaylo2009 (973)
• Bulgaria
19 Nov 10
Hello i just wanna ask you where i must set that amount only to satisfy my great curiosity.Thanks in advance.I hope to explan that to me.
@smacksman (6053)
•
19 Nov 10
@ivaylo - you go to 'Preferences' right at the top of this page, then the tab 'Payment Information' where you will find towards the bottom the text box where you can select your minimum payment figure.
1 person likes this
@chrystaltears (3392)
• United States
21 Sep 11
Thanks smacksman. Appreciate your help on this. I have learned now how to it because of all the helpful answers I have been offered from starting this discussion. I have been paid a couple or more times now. So I know how to do it. I am looking forward to another cashout or payday in a few days. Thank goodness. I am needing all I can get nowadays. I don't have the overages in my budget that my internet provider is is saying that I am going to owe on my next bill.
@dodo19 (48205)
• Beaconsfield, Quebec
19 Nov 10
You don't really need to do anything. It's all automatic. You don't have to worry about this. It will just automatically get deposited into your account. All you really need to focus on is spending time on mylot, posting discussions, and such.
2 people like this
@chrystaltears (3392)
• United States
19 Nov 10
How do you pronounce your name? is it doo doo or doe doe? Just curious. I just came out of the bathroom and then saw your name so it brought that to mind. LOL.
Yes, doesn't get any simpler than that, does it!
@rosekiss (30413)
• Eugene, Oregon
19 Nov 10
It is automatic, which really makes it nice as we don't have to ask for it, as they pay like clock work every month by the 15th. I have been paid numerous times by them, but it isn't every month most of the time, but that is okay, as I am here to learn instead of earn anyway. You will be paid next month if you reach payout by the end of this month. Good luck to you and happy mylotting. 
@chrystaltears (3392)
• United States
19 Nov 10
blank blank blank blank. I just wrote another response, and it got lost somewhere between there and here. That's so aggravating to me!
Anyways, I was saying, 'thank you, thank you'. Also I guess you have gotten paid a few times with that big number after your name. Happy mylotting to you also!
@hardworkinggurl (37062)
• United States
19 Nov 10
I see that all have answer above me and that is all correct. Just wanted to add that although the earnings will continue to add up after the end of November until payout the payout amount gets deducted as soon as they send it to PayPal.
Reason why I am adding this is because my first months payout I was a bit confused.
@smacksman (6053)
•
19 Nov 10
Spot on HWG. For example; you reach $10 on the 20th of the month and earn $11.50 by the last day of the month.
You continue to post and on about the 15th of the next month you have now earned, say, $16.50.
You are posting away and suddenly your account drops to $5.00. That is when Mylot has paid you the $11.50 you had earned on the last day of the previous month.
The other thing that happens near payday is that your earnings may go up and down a few cents without you doing a thing. That is due to Mylot doing their end of month housekeeping and deleting discussions that do not meet the Mylot conditions. If you had posted in that deleted thread then your earnings go down. That extra money now in the kitty is then shared out amongst the rest of us good, clean, honest, ... etc. members and our earnings go up. 
1 person likes this
@chrystaltears (3392)
• United States
19 Nov 10
Thanks, smacksman. Sounds like you've done alot of homework and have experienced some things. I didn't know it worked that way. I assumed if a post was deleted with my response deleted also, that they just would credit for you at that time. I didn't know that it was taken care of when they did accounting for the end of the month. Thanks. You're so cool. Have you gone sailing? I did once on Lake Michigan in Chicago. Awesome!
