I reached payout on mylot.. finally! I have a total of $10.18 and i'm wondering two things. What chunk of that will Paypal take out? and as I continue to post, will I only get $10.18 even if i'm at higher when it comes to the actual payout date, the 15th? Or is it pretty much set in stone that i'm going to get $10.18 come the 15th?
[question posted by LouieWpHs04]
responses and comments:
cool! congratulations to you then. how are you planning to spend your mylot earnings? keep up the good work!:D [kevsgirlalways]
I'm probably just going to collect it for now until I really start making money on Mylot and my other sites, then I have no idea! In the end when it really adds up, it's probably going to go towards rent money and bills for when I move out, :) [LouieWpHs04]
Congratulations! no, you have until the end of the month to make more money, but once that is over you will get what ever they decide to give you...its quite random generally what they pay (it has been for me anyways!) [cher913]
First of all Congratulations! PayPal took the regular fees out of mine. I think it was 30 cents plus 1% or something like that. You will continue to put money into your balance until the end of the month. Whatever your total earnings are on the morning of the 1st of March is what you will be paid. Until your money is sent to you with will continue to add up on your total, but you don't get paid that amount. myLot will adjust it and take off the payout amount after they pay you. If at any time next month before you get paid you want to know exactly how much you have earned for the current month click on your earnings and it will tell you your earnings for the current month. [lilybug]
Whenever the number next to your name reaches 500 you can copy and paste things, whether that is posting or rating i'm not entierly sure! As for when you get payout, it's automatic and 10$ being the minimum, but you can change it from 10$, to 25$, 50$, or max of 100$, just go to your "edit your preferences" page, and then payment information! Hope that's clear to ya' and g'luck with your paypal verification and reaching payout yourself, =D [LouieWpHs04]
I have reached payout before. For the life of me I can't remember if there was a charge for my payment or not. Of course there is no record of it anywhere here on my earnings information. LOL I checked the faq section and there is nothing there about a charge either. Who knows? [girlgonefishing]
Well i'm pretty sure there is no charge when it comes to here, but when it goes through paypal and then you try to transfer it to your bank, paypal takes out it's own share as it costs a bit for a bank transfer in general, and the fact that paypal takes a portion out for themselves sooo. I think i'll end up with a loss of about 20-40cents to a max of $1.00. I doubt it'll be any more then that! I'll find out soon enough though! [LouieWpHs04]
Congratulation to you, I'm not that familiar with paypal coz I'm using moneybookers here in my country. [lynboobsy11]
Moneybookers has it's minimum amount to be payout like $12 thats why sometimes I have to wait for my second payout here in mylot in order to withdraw my earnings. [lynboobsy11]
I'm sure you will continue to accumulate until the end of the month, but they will stop at that point to allow time for the calculations, which will be done by the 15th of the following month. I'm at $6.35 right now after being here for 8 days, and I could really push to make payout, I suppose, but I don't want to be greedy and post just for that. If I make it by running my mouth like I normally do, great! [Ldyjarhead]
Congratulations!!!! That gives me motivation. I just joined today and I am looking forward to having a testimony in the near future to discuss my success..:)Keep up the good work. [tressa757]
Whatever you have in your account on the Last Day of the Month is what you will be paid. You will receive it on or usually before the 15th of the month. Paypal does not take anything out of our deposits. You are good to go. [GardenGerty]
They take out about .40 I think of it. Which is more then they should. [Shaun72]
congratulation,,you deserve it,,goodluck [marketing07]
Congratulations, Louie. The cut off date for myLot is the last day of the month. PayPal doesn't take any money out for their services. You will receive an email notification from myLot the regarding the exact amount that will go into your PayPal account. I transfer the money deposited into my PayPal account to my bank account. It's not difficult to figure out. [carolbee]
Congratulations! Paypal will not take any of the money if you have a FREE account with them. they only take out funds if you have a business or premier account with them. You will receive whatever the amount you earned for payout on the last day of February to get paid by the 15th of March. Any earnings after that will go towards April payout. [stephcjh]
Thanks for the information & clarification, drknlvly6781. [LouieWpHs04]
From the experience of my last payout, you will get whatever is in your account once they process it. They tell you that it will be on or around the 15th, in some cases it may be sooner than that. But you will get whatever you have accumulated by that time, not just the 10.18 [drknlvly6781]
It's pretty simple actually. You click on the link in your back office that says "Confirm bank account" Once you do that, follow the prompts thereafter (I verified my account long ago, so I can't see that portion, nor do I remember what it says) Ultimately, paypal will send you two small deposits to the listed account (usually adds up to a quarter) It takes about three business days to for that to show in the account. Once that arrives, you get the amounts and click the confirm bank account again. It will show you two fields to put the amounts of deposit in. This lets them know that this is your account, or at least you have adequate access to it. [drknlvly6781]
congrats on reaching the payout. You would be receiving $10.18 only on the 15th. All earning earned hereafter would be accumilated in your account until you reach your next payout. [limcyjain]