Payment

Can I really make money using Varolo?

Absolutely! And best of all it is completely free. You can make money by winning the weekly jackpot. Each ad you watch enters you to win. Enter as many times as you want until your ad supply runs out. Remember to log in often because some advertisers only show ads once a day or at certain times of the day so login often to maximize your chances to win. Additionally you can make money through the Varolo Village. The Varolo Village is made up of your friends, their friends and so forth up to 4 degrees of separation. Your village earns money that you can claim through watching ads. The more friends you invite to use Varolo, the faster your village will grow and the more money you can make.

How much money can be made from Varolo?

 The answer to this question is up to you. There are no limits on the size of your Varolo Village therefore there are no limits on how much money can be made. The jackpot grows over time based on the number of Varolo members so the jackpot gets larger over time and the frequency it can be won can also increase.

How do I get paid from Varolo? 

Getting paid by Varolo is simple. First, if you have a PayPal account, we will deposit your earnings into your PayPal account whenever you request it as long as you are transferring more than $10.00. No checks. No waiting. No hassle. From your PayPal account you can transfer the money directly into your checking or savings account. If you don't have a PayPal account, you can sign up for one at paypal.com. All PayPal transfer fees will be deducted from your transfer balance. See paypal.com for fees associated with these transfers.

Do I get taxed on my jackpot winnings and my claimed village earnings?

According to the U.S. tax code, when any individual earns more than $600 in a given calendar year, that person must be issued a 1099 form so they can be taxed. Varolo will not deduct taxes out of your jackpot winnings or your Varolo Village earnings. For users that earn more than $600/year, they are entirely responsible for the taxes that are due based on those earnings. Because Varolo must issue 1099s for users that have won or earned more than $600, additional information is required from the user. For jackpot winners, prior to the user receiving their jackpot winnings they must provide Varolo with their social security number which is used to report to the IRS. As annual village earnings near the $600 level, Varolo will require users social security numbers to continue to earn beyond the $600 level. Users that fail to provide their social security number will forfeit all earnings and winnings beyond $600. Users that win or earn more than $600 in any calendar year must agree to a background and/or credit check which will be used to ensure a legitimate identity. Only users with legitimate identities will be able to claim jackpot winnings or Varolo Village earnings beyond $600. 1099 tax forms will be sent out annually within 60 days of the end of the calendar year.

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