Is there a way to make a "group" here on MyLot?

No. Not in any practical sense or any way that would not go against the spirit of the site. You COULD have a group of people who decided to block everyone else but each other. It wouldn't be a group in the way that Facebook organises them, though, because outsiders would be able to see the discussions of group members (though possibly not the responses or comments) but would not be able to respond to them. myLot is a "one for all and all for one" forum and I think that Admin would take a rather dim view of people who tried to set up their own exclusive 'club' in the way described.

I don't think so. I don't think we need that here.

What would that be good for?

This place has a lot many lovely people..there is no point in making any group for this

I don't think so.

I havent seen anything like that so I presume not

Lol you mean like we done in WhatsApp group, telegram group, and others? Sounds interesting, but.. I'm gonna vote nay. Because, if you start having those groups, you'll be only commit to those group and not the public interactions. In addition, if really groups are created here, probably the certain groups will get higher earnings. So, I like what it is now. All can get equal earnings through posts.