Questions on the License?

[Wordworks]

Sorry if this is a common question I'm just a bit confused and was hoping someone could clear this up quickly.

So if I create a game in the free version of UDK I have to pay a 100 dollar royalty charge to sell it commercially, then if the game is successful and gets 50k in sales I have to give Epic Games 25% of all sales money?

Please correct me if my understanding is wrong, I read all over the site and still am a bit confused.

[Angel_Mapper]

25% of net profits AFTER you get 50k, not on the 50k.

[Wordworks]

Thank you, and what I said about the 100 dollars commercial license until that point is correct?

[Angel_Mapper]

Yes. You don't need to buy a license until you're ready to sell.

[Wordworks]

Thank you, that is very inspiring to actually get to work on my project now. Best wishes.