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/Sounds like "peh" (as in "pet") + "GAHR" (as in "garden") + "EHL" (as in "egg") + "PAH" (as in "park") + "loh" (as in "loan")/

Meaning

In Argentina and Chile, to hit it big, land a major success, or catch a lucky break that significantly changes your financial or personal situation. Works for both planned achievements and unexpected windfalls.

Examples

He struck it big with that investment and does not have to grind the way he used to.

We are close to landing a huge win if this project goes as planned.

Regional synonyms

To get a flat tire, or more broadly, for something to fail or break down suddenly. In Mexico and the Caribbean, "ponchar" covers both the literal tire blowout on a highway and figurative situations where something goes wrong without warning.