After a two week delay in approval of some of my hits I have been making a few bucks. I made $2.44 this week. The best money on MT is to be made in the audio transcriptions. They are kinda difficult at first as they have too many rules for formatting, but it pay the best of anything on there.
Not unless you work at McDonalds. I seriously double you could make a decent living from it. Most HITs pay a penny.
It depends how fast you can transcribe. Most of the files are around 4 minutes long. So let's say for example you can do that in 10 minutes. In 8 hours you should be able to complete 48 transcriptions. At an average rate of $0.82 each you should be able to make close to $40. I make that in about an hour with my job, so MT would not work for me.
I had 27.21$ in my amazon a/c. but not withdrawn yet. it's a good site to earn some pocket money. It's giving very small amount for the task. But i love to work their. because it give us a freedom to choose the work according to you. I'm also looking alternative to Mechanical turk.