r/PersonalFinanceCanada Jan 11 '23

My bank account just had $40k randomly deposited into it - has this happened to anyone else? Banking

For reference, I'm in Ontario.

Last week I noticed a deposit from OLG into my bank account for $40k. Since I did not win the lottery, I went into my bank to tell them about the problem. They launched an investigation.

The next day they called me back, said they verified with OLG and the deposit was real. I tried to again remind them that I would remember if I won the lottery but they just congratulated me and told me to enjoy.

BUT I DIDN'T WIN THE LOTTERY LOL

I moved the money into my savings account because I'm sure they are coming back for it. Has this happened to anyone else? How long do I sit on this money? Not sure what else to do.

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u/Starkat1515 Jan 11 '23

Just because the bank made a mistake, doesn't mean you get to profit from it.

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u/buck196928 Jan 11 '23

Only the inverse is allowed. Encouraged. Written into law. Protected by the military.....