myLot payments - how it works
By JJ
@JolietJake (50190)
May 6, 2016 3:59am CST
There are still lots of members that get confused about how payout here works, so hopefully some of them will see this.
First, there is the pay period. Ignore anything about "on or before the 15th" for this. A pay period runs from the first day of the month to the last day of the month. If you don't make the minimum amount required to be paid, your money will 'roll over' and be added to the earnings for the next month.
You must have the minimum amount in your account by midnight CST on the last day of the month to qualify for payment which will occur the next month.
So for instance...for May, since the payment minimum has automatically gone back to $10 (unless otherwise stated by Admin) to qualify for payment in June you need to have at least $10 in your account by midnight CST USA on May 31st.
As for the pay schedule, you will get paid the following month after reaching payout on or before the 15th. It may be the 1st, it may be the 15th, it may be any day in between not including weekends. myLot does not issue payments on weekends.
I hope this clarifies it for some people. If you still are not sure of anything, please feel free to ask and I or someone else will be glad to answer your question if possible.
63 people like this
50 responses
@JolietJake (50190)
•
6 May 16
A lot of people seem to get confused and think they have until the 15th to earn for payment...it's kind of like a job where they hold back pay for a week or two
4 people like this
@SIMPLYD (90717)
• Philippines
6 May 16
@JolietJake The rule is clear as to how it is going to be paid .
4 people like this
@JolietJake (50190)
•
6 May 16
@SIMPLYD It seems many of the users don't ever read the FAQ page...it would answer a lot of their questions
5 people like this
@Daljinder (23235)
• Bangalore, India
6 May 16
Good going! I hope it will help who doesn't know the drill.... 
8 people like this
@JolietJake (50190)
•
6 May 16
If they happen to read it, it may help, but most of them won't probably
8 people like this
It's an important information to know by all! 
@beaniefanatic13 (5076)
• Grand Junction, Colorado
6 May 16
So do you mean that if I hit the $10 amount at 12:01 CST on June 1st I don't qualify? 
Imagines JJ banging head for the millionth time. 
Sorry it's Friday and I'm in a have fun kinda mood this morning.
Imagines JJ banging head for the millionth time. Sorry it's Friday and I'm in a have fun kinda mood this morning.4 people like this
@JolietJake (50190)
•
7 May 16
Wouldn't it be horrible to only have $9.9999 at the end of the month?
1 person likes this
@Juliaacv (53841)
• Canada
6 May 16
@JolietJake I know, I read it all of the time, this should help.
3 people like this
@JolietJake (50190)
•
6 May 16
It seems some have a problem differentiating between the pay period and the payment schedule.
3 people like this
@sabashekh (1218)
• Bhopal, India
6 May 16
Hey i have 1$ ... How will the payment be done ... It's new to me
5 people like this
@JolietJake (50190)
•
6 May 16
You had to have $1 by the last day of April to get paid this month. If you didn't have $1 by the last day of April, then you will now need $10 by the end of this month to get paid in June.
2 people like this
@sabashekh (1218)
• Bhopal, India
6 May 16
@JolietJake n what if we can't make 10$ ????
3 people like this
@destry (2572)
• Kirkwall, Scotland
6 May 16
@sabashekh Then you don't get a payout but the $ rolls over to the following month.
2 people like this
@GardenGerty (164155)
• United States
6 May 16
You know, I get really grateful for the confused people and new users.
. They give us an opportunity at least once a month to review this basic information and share the good news that myLot pays.
. They give us an opportunity at least once a month to review this basic information and share the good news that myLot pays.4 people like this
@yugocean (9963)
• India
6 May 16
@JolietJake How this happened? Missing Lamb
Scar might be sad
3 people like this
Poor Lamb@JolietJake (50190)
•
6 May 16
@yugocean I got hungry so I fixed him for supper one night...Scar thought it was good too
4 people like this
@Lucky15 (37374)
• Philippines
6 May 16
@JolietJake hahaha i should have said...as clear as.the muddy water
4 people like this
@teamfreak16 (43418)
• Denver, Colorado
6 May 16
Not so hard to understand, at least you'd think so. I just leave it in my PayPal until we need catfood anyway, so it really doesn't matter to me what day they actually pay out.
3 people like this
@cindiowens (5120)
• North Myrtle Beach, South Carolina
6 May 16
@JolietJake I had that too, until my son discovered it and went hog wild spending on games. Had to unlink my card AND bank.
2 people like this
@JolietJake (50190)
•
6 May 16
Mine actually never leaves paypal until I spend it, I have a paypal debit card that's connected to my bank account so I can spend money from either place anywhere I want without moving any funds around.
3 people like this
@teamfreak16 (43418)
• Denver, Colorado
6 May 16
@JolietJake - The debit card is definitely the way to go.
2 people like this
@JolietJake (50190)
•
7 May 16
@RubyHawk It is different for different people. Some people can earn $1 or more a day here, others might get 10 cents. It all depends on how active you are and how much time you can spend, pretty much. Since we don't get paid for our own actions, but for the interaction we receive from other users, and we can't really make people interact, it is hard to say a definite length of time. I've done it in 6 days, I've done it in 15 days...
2 people like this
@celticeagle (175768)
• Boise, Idaho
7 May 16
How many times do you think you have written that one do you think?
2 people like this
@JolietJake (50190)
•
7 May 16
Over the years, based on payment structures, a couple dozen times probably
1 person likes this
@rosekiss (30413)
• Eugene, Oregon
6 May 16
This discussion clarifies any questions that others might have, including the new users. I couldn't have said it better myself. I do try to help others when the question comes up about payout. I will be curious to see what the payout will be for this month and every month after. I imagine we will find out when we paid this month for last month.
3 people like this
@nanette64 (20364)
• Fairfield, Texas
6 May 16
A perfect breakdown on how it works @JolietJake .
3 people like this
@VivaLaDani13 (60825)
• Perth, Australia
12 Jun 16
Thank you for taking the time to explain payments to those who don't really understand. I admit, it took some time for me to grasp it but I get it now. Nice for you to help others understand. :)
2 people like this
@Daljinder (23235)
• Bangalore, India
9 Feb 17
@VivaLadani13 How long did it take you to understand it?
1 person likes this
@VivaLaDani13 (60825)
• Perth, Australia
9 Feb 17
@Daljinder I'm not sure. Some months I think. Not that anyone was doing the wrong thing but I think I just needed it to be explained a different way for me to understand.
What about you?
1 person likes this
@Daljinder (23235)
• Bangalore, India
9 Feb 17
@VivaLaDani13 I wasn't even paying attention to it. I was just observing and quickly knew that JJ was the guy who knows and helps about stuff here and then there was admin. Learned stuff following him around quickly.
1 person likes this
