"Next Payout"?

My payout page says:

Next payout

You currently have $xxx.65 in earnings for next month’s payout.

What does "next month’s payout’ mean? It’s July 30 here, does that mean i’ll get my payment on the 1st of Aug?

Payouts occur on the 15th of the following month. So, you’ll get it on August 15.

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