Why a Lower Minimum Payment?
@DeborahDiane (40065)
Laguna Woods, California
March 18, 2016 11:49pm CST
When I logged onto MyLot today, I was stunned to see that the minimum earnings required to receive a payment for the months of March and April has been reduced to just $1.
This will be wonderful news for those people who only earn $1 to $2 a month. They will no longer have to wait 5 to 10 months in order to get a deposit in their PayPal accounts.
However, it seems to me that it will be a lot more work for the MyLot staff.
I haven't seen any other articles about this, but I thought some of you might have read something. Does anyone know why they did it? Will it be continued, or is this a short-term gift? What do we know about this change? What do you think about this change?
I'm just curious. 
40 people like this
41 responses
@DianneN (247219)
• United States
19 Mar 16
I don't know where the post is, but it will only be for those two months. It should help the new users and the older ones be able to reach payment more quickly. I believe it's strictly a motivating factor, but a very nice one on the part of the myLot staff. Can you imagine Bubblews ever doing that? Obviously not! Lol!
8 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@DianneN - I agree that this will motivate people and, no, I cannot imagine Bubblews ever doing that!
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
24 Mar 16
@enlightenedpsych2 - I agree that the "bubs" site was NOT maintained by reputable people. Such a shame.
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@LadyDuck - I did not see the note that Alex wrote. Thank you for telling us about it. I am so glad that they are encouraging people in this way.
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@jaboUK - Yes, the lower payout will be very encouraging for people who either don't spend much time here or who are new to the site.
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
27 Mar 16
@TheHorse - I would love to see the MyLot administrators settle on a $3 to $5 minimum payout. I think that would increase the activity here and people would become less discouraged.
1 person likes this
@MsTickle (25180)
• Australia
19 Mar 16
@DeborahDiane I spend a few hours a day here yet still only manage to generate a few cents. I'd love to earn more but cannot justify the time here.
2 people like this
@ida123 (6206)
• Cagayan De Oro, Philippines
19 Mar 16
@DeborahDiane at least they can experience cashout even in a small amount
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
19 Mar 16
That is a good point. It is a very good motivator and may inspire more people to be active here.
3 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
I agree that this could inspire people from time to time ... especially those who start to give up on reaching goal.
1 person likes this
@Lazyblogs (494)
• Chandigarh, India
19 Mar 16
This is short term only as to motivate new users who get disheartened if they cannot earn 10$ and i think it is a good move on mylot's behalf
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
19 Mar 16
I agree that it is a good move. I wonder if they will continue to do that after April.
1 person likes this
@Lazyblogs (494)
• Chandigarh, India
19 Mar 16
@DeborahDiane that depends if this is successful so maybe they will
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@Lazyblogs - Yes, it will be interesting to see what they decide to do after April. It's a mystery!
@dodo19 (47121)
• Beaconsfield, Quebec
20 Mar 16
@DeborahDiane I feel the same. I'm here no matter how much I earn.
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@dodo19 - Yes, this is a fun and relaxing way to pick up a little change!
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
Yes, I'm open to whatever they decide to do. I enjoy being here, whether I earn $1 in one month or $10 in ten months. I'm good.
1 person likes this
@karjatwala (1120)
• Pune, India
19 Mar 16
Frankly, I would like my earnings to grow before I redeem it to my Paypal account.
2 people like this
@karjatwala (1120)
• Pune, India
1 May 16
@DeborahDiane I too would let it accumulate in the Paypal account before I transfer it to my bank account.
@DeborahDiane (40065)
• Laguna Woods, California
1 May 16
No matter how large or small my payouts, I let them accumulate in my Paypal account, anyway.
1 person likes this
@BelleStarr (61047)
• United States
19 Mar 16
I am a little concerned about the work involved too but maybe it is all done automatically ? It is fine either way with me and maybe it will encourage some others, I am not sure,
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@BelleStarr - I was worried about the work involved, too. But, you are right, the work may be done automatically. At least, I hope so.
1 person likes this
@Juliaacv (48577)
• Canada
19 Mar 16
My initial thought was the very same thing, that's a lot of work that the team is taking on. Thankfully it is only projected to be for the months of April and May. I would imagine that it will help those who have recently joined in reaching a payout for the first time, I remember how long it took me the first time.
2 people like this
@Juliaacv (48577)
• Canada
1 May 16
@DeborahDiane I find that I've earned more this month, and I think it can be attributed to the increase in interactions due to the new payment schedule. I just hope that the admin team doesn't overdo it and takes their time, we are all patient and can wait, last month it was there so quickly it caught most of us off guard.
@DeborahDiane (40065)
• Laguna Woods, California
1 May 16
I hope they keep the payout low. It does make it more exciting!
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@mom210 - I agree. This site is very flexible for its users. I enjoy it here.
2 people like this
@TheHorse (206613)
• Walnut Creek, California
1 May 16
@DeborahDiane I never did see the post where they said they were keeping it at $1.00. Is it somewhere out there?
@DeborahDiane (40065)
• Laguna Woods, California
1 May 16
If you are right about it being automated, that is great! Then, there should be no problem keeping the payments low.
1 person likes this
@JamesHxstatic (29280)
• Eugene, Oregon
29 Mar 16
It does seem to me that it has stimulated more activity and new writers on the site.
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
1 May 16
I agree that people have been excited about the lower minimum. Wonder what will happen next month?
@ElizabethWallace (12074)
• United States
19 Mar 16
I had the same thought you did. I hope they do not put so much work on their shoulders that they cause problems for the site.
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@ElizabethWallace - Yes, the owners of this site seem very smart, reasonable and enthusiastic about keeping the site going.
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@ElizabethWallace - I agree. Let's hope they do not put too much work on their shoulders. I hope it works out well for the site owners. They deserve to be successful.
1 person likes this
@ElizabethWallace (12074)
• United States
20 Mar 16
@DeborahDiane Yes. They certainly do. They seem to know what they are doing, and also seem reasonable.
2 people like this
@Blondie2222 (28611)
• United States
19 Mar 16
It's just a trial run for 2 months as their experimenting with this. Some members don't ever get to cash out so that's why their lowering it to 1 dollar so they can get the joy of having money in their bank too. I did see an article on this but i don't have it anymore. I heard if you don't want to cash out with just 1 dollar in your bank you can remove your paypal information for that month.
1 person likes this
@Blondie2222 (28611)
• United States
20 Mar 16
@DeborahDiane yes your welcome. Like I said there was a post about it but i can't find it. Maybe someone else has it or can give you a link to the post about it
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@Blondie2222 Thanks for the additional information. This is the first I heard that people can opt out for a month, if they want to. I think this is a great idea.
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@Blondie2222 - I just appreciate all the details that everyone has given me. Now I have a better understanding of what is going on.
1 person likes this
@ShyBear88 (59296)
• Sterling, Virginia
20 Mar 16
A lot or members new and old have Ben complaining lately that do not what the time to be able to make $10 a month so it takes them money's to get there. I believe this a trial run to see if it works or not. If it doesn't I would like to see if they can lower it to $5 I'm excited to see what happened
1 person likes this
@ShyBear88 (59296)
• Sterling, Virginia
20 Mar 16
@DeborahDiane I do like the ideas of $1 bit the I think like you said it might be a lot of work ans it might hold up hoe long it takes for everyone to get paid. If the $1 doesn't work maybe the will look into $5 instead,
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
Yes, a "normal" payout at the $5 level might help some of the newcomers, too.
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
27 Mar 16
@ShyBear88 - I agree! I hope that they keep the minimum payout at $5 or less, after the $1 trial period is over.
1 person likes this
@pgiblett (6524)
• Canada
2 May 16
@DeborahDiane I think I would make that most months, but every once in a while it would take two months.
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
1 May 16
Yes, I think a $5 minimum would be a great idea. Everyone should be able to earn that at least every other month, if not every month.
1 person likes this
@DeborahDiane (40065)
• Laguna Woods, California
3 May 16
@pgiblett - Yes, I think a $5 limit would work well for most people.
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@marlina - I'm glad to hear they decided to try this experiment. I hope it gets more people writing here.
@crazyhorseladycx (39515)
• United States
24 Mar 16
the staff posted a discussion'n regards to this lil 'gift'. i think jest a buck's a bit extreme? but then 'gain, i'm guaranteed a payout come the end'f this month, lol.
2 people like this
@garymarsh6 (23393)
• United Kingdom
19 Mar 16
I think it is to help those who do not get much to motivate them that the site is kosher and that they do pay out. It seems a piddly little amount but I guess for those who only earn a dollar a month it might help them make more of an effort???
2 people like this
@DeborahDiane (40065)
• Laguna Woods, California
20 Mar 16
@garymarsh6 - I agree. For those people who earn very little and think they will never earn payout, this will encourage them to put in a little more time.
