How much money can you make on Youtube - as of April 2013

so i turned on monetization on youtube - for my "yegor the russian" videos and some others. and, amazingly, it does make money. so far it works out to perhaps $1.20 per 1,000 views. 

if you extrapolate this to 1 million views, you would get about $1,200 per 1 million views. so, yes, there are people who make a living off of making youtube videos.

and i am guessing that this will only continue to grow as better monetization techniques for videos are developed - it's still a relatively new medium.