I understand that 'BIG' means different to different individuals. Here by 'BIG' I mean life-changing money (bigger than 20x of your monthly income).
5. If your winnings are even greater and allow you to quit your job, then use your time to learn finance.
To me, quitting is the wrong move. You don’t need to leave your job to learn about financial literacy—you can work on that in your free time. It’s much better to keep your job and have steady income, especially since we all know gambling isn’t a guaranteed win every day. Who knows? That last win could be our final one.
I think this is not a good idea, because If you suddenly put an amount which is like 20x of your monthly income, the bank might be alarmed thinking this money came from something illegal. They will then conduct a review that will take a few weeks, so that would mean inconvenience to your end.
Some might question us if we’re jobless, thinking the money might come from something shady. But I don’t think that’s the real issue here. The reason we need to deposit in the bank is all about security. Plus, there’s no need to worry if the money is from gambling winnings—we can simply show proof of our win! I’m confident they won’t decline us; in fact, they’d probably welcome the opportunity.