There are several different ways that you can make money while streaming. I am going to highlight some of the ways that you can make money when it comes to streaming on twitch, because this is the site that I use to stream my games. The first thing that you have to do on Twitch is you need to become an affiliate. Once this happens, you can make money on your account. The main way to make money is either through individuals subscribing to your account, or donating money directly to your stream. For subscriptions, you get half of the amount as a profit. the subscriptions go from 4.99-12.99-24.99- meaning that you would get half of those numbers if someone were to subscribe from any of those tiers. Donations are a bonus because of someone donates money to your stream you get to keep 100 percent of the donation. All of these things add up over time, and as an affiliate you get paid out every 45 days whatever has accumulated in your account.
How much money you can make streaming truly does vary from streamer to streamer and from pay period to pay period. It is kind of like working on commission, and you only get paid when a viewer either subscribes or donates, so it is certainly a variable situation that can be hard to predict. Some of the main streamers mentioned in this site make in the millions each year between donations and subscriptions. Intermediate streamers can bring in thousands each month and smaller streamers would likely be in the hundreds. This is something that should be assessed by the streamer, but should not be the only driving force for the stream. Making money is a bi-product of creating a community and content that connects with and entertains the viewers.
Tips for increasing income include streaming consistently and making good content. When you make good content, people will want to view your stream and support you. They may drop in enough to make them want to subscribe for the different badges that they get for doing so. They may also want to reward your hard work with a cash donation. All of these things happen more when you make good content and connect with people. Additionally, you need to stream consistently. The more people are able to see your stream, the more likely they are going to be to donate. This is just the simple law of averages. The main point is, if you want to make more money streaming, then stream more and improve your content every day!