What the layabout did, collecting £50 in dole maybe (6)
I believe the answer is:
lolled
'what the layabout did collecting' is the definition.
I can't tell whether this definition defines the answer.
'ps50 in dole maybe' is the wordplay.
'ps50' becomes 'll' (I can't explain this - if you can you should give a lot more credence to this answer).
'in' means one lot of letters goes inside another.
'maybe' indicates an anagram.
'dole' with letters rearranged gives 'loed'.
'll' inserted inside 'loed' is 'LOLLED'.
Can you help me to learn more?
(Other definitions for lolled that I've seen before include "Lounged around" , "Loafed" , "Sprawled" , "Unpigmented creature" , "Liquid; lineage" .)