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It's okay if it's well vented.  But a wooden magazine such as dryflash3 uses is a better method.  Separating the gunpowder and primers is a good idea, too.

Your kids need to be gunproofed, too.  Get them involved in your reloading so the process is less of a mystery to investigate on the sly.

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Not criticizing, only learning-ly curious, but how is the wooden box "ventilated"?

I've never bought that kind of bulk.  I only have about 8 thousand at the moment.  I don't think my wife wood (pun intended) tolerate crates of explosives in the garage if she knew about it. Do you hide it from yours, is she an understanding reloader, or like mine and doesn't have a clue?  I probably should do more than I do. 40 years of storing it above my bench on open shelves has worked so far (in super dry New Mexico), and kids and their kids all have seen demos of what I do. The only iffy experience was a grandson who thinks he wants to learn reloading, and while I was gone once, did pour out a box of 100 primers all over the floor.  My fault...I left it on the bench in plain sight, and he couldn't resist opening it..........upside-down of course.

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true story............i owned 3 gun stores in west texas 1980-1986. had to have a permit from the city to store any gunpowder up to  20 lbs. (the max allowed). permit was issued from the fire dept. they sent out LT. dumb ass to let me know what the specs of the storage container had to be. plywood, 1 1/2" sides and bottom and 3" thick top. minimum. the box was to be scooted up against a brick wall on two sides and against a safe on the other. i talked myself blue in the face telling this certified moron that the lid needed to be very light so that in case of a fire the powder would just burn instead of explode because it wouldn't be contained that way. told him powder doesn't explode it burns, unless you give the pressure no place to go. told me he was the expert and i had to comply. so i did. but i made two lids. one 1/2" thick we put on at night when the place was closed and then replaced it w/the "right" one during the day. i even called his cpt. and told him what an idiot he was and the cpt. agreed but said that this "expert" had helped write the city codes on powder storage and there was nothing he could do. found out later that the other gun stores in the area had been paying him off and they stored as much powder as they wanted any way they wanted and got a permit issued each year no problem.  the good old days!!

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true story............i owned 3 gun stores in west texas 1980-1986. had to have a permit from the city to store any gunpowder up to  20 lbs. (the max allowed). permit was issued from the fire dept. they sent out LT. dumb ass to let me know what the specs of the storage container had to be. plywood, 1 1/2" sides and bottom and 3" thick top. minimum. the box was to be scooted up against a brick wall on two sides and against a safe on the other. i talked myself blue in the face telling this certified moron that the lid needed to be very light so that in case of a fire the powder would just burn instead of explode because it wouldn't be contained that way. told him powder doesn't explode it burns, unless you give the pressure no place to go. told me he was the expert and i had to comply. so i did. but i made two lids. one 1/2" thick we put on at night when the place was closed and then replaced it w/the "right" one during the day. i even called his cpt. and told him what an idiot he was and the cpt. agreed but said that this "expert" had helped write the city codes on powder storage and there was nothing he could do. found out later that the other gun stores in the area had been paying him off and they stored as much powder as they wanted any way they wanted and got a permit issued each year no problem.  the good old days!!

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The good old days were when real experts made the decisions in my profession (building construction).  Building inspectors are "usually" ex-builders who couldn't make it in business, so they gravitate to the government job to lord over those more able.  But at least they were required to know the code.  Recently the "well-trained-blindered" fire marshals thought they were in charge and lorded over even the head building inspector.

Last month our "newly elected" mayor put a stop to it.  He "reassigned" the fire marshal, and reinstated the head building inspector as boss.  Getting a new permit went from waiting 2 or 3 weeks, to 3 days...immediately...and anything the fire department says can be and often is overruled.  Life is better thanks to a good republican mayor.  I won't even elaborate on what those fire people wanted done to houses & buildings that had "explosives" in them.  Put your best imagination to work.  It was all asinine and over-night it was gone!

(And yes, we reloaders all went from "criminals" to "law abiders" in one day.)