All members begin with $60,000. :link: The Bank
will automatically track all of the checks you manually send and receive. When someone sends a check, they will have the opportunity to cancel it until the recipient accepts (deposits) it. If you sent a check that the recipient has not deposited after 60 days and you have been unsuccessful in your attempts to contact them, please Private Message an Admin.
On The Bit doesn’t automatically award salaries; instead, moving up your Pathway and redeeming Achievements earn money. For more information on making money, see :link: Quick Start Guide: Making Money
Any active member or association may apply for a grant from the Humane Society to be used exclusively for prize money at events. Applications will only be approved if you apply before you have posted your show(s) for approval. You may apply for up to $200,000 per application; one application is allowed per show or race or entire series. Members who abuse this feature will not be allowed grants.
To apply for a grant, create a new thread in the Humane Society subforum with the title "Grant Application"
using the form outlined in :link: How to Apply for a Grant
All members pay taxes during Check Ins. The rate is $150 per active, pastured, pensioned or untrained horse. Taxes are not paid on retired horses. You will also have to confirm that you have paid your taxes during Check Ins by providing the transaction number. Taxes are paid to the Humane Society and, therefore, can go back into the community in the form of Grants.
The lottery was introduced in September 2014 as a fun way to potentially make some extra money in the game. It is run on the last day of every month and tickets are available for purchase up until the day before. Each member is permitted to purchase up to a maximum of three tickets for $100 each. The more tickets you purchase, the greater your chance is of winning. Checks should be sent the the Humane Society bank account.
The grand prize of the Lottery each month is $20,000. The winning member is exempt from purchasing tickets for the next two consecutive months to allow others a chance to win.[/hidden]
Salaries from Businesses
If you own a business, you may choose to pay yourself a salary from your business’ profits. There are no limits or restrictions, although we hope our members would invest back into the On The Bit community via grants and event sponsorships in addition to paying themselves for work they willingly signed up for.