Jim,
Maybe a better way to think of re-doing the lawn is that you want a new and improved sprinkler system. And, oh, while we're at it, let's get rid of the wisteria. It's not as painful to think about that way.
I have several wisteria in my yard. 2 are in the ground and one in a pot. An advantage of being in the pot is the plant feels threatened and produces ore blooms and, therefore, seed. This is done as a survival technique. Likewise, my local nursery said I should ram a spade into the ground around the in-ground plants every couple of years. It's the same principle in that the expansion is stopped, so it tries producing more seed. (As you may have guessed, I haven't done that in a number of years and am finding shoots in a number of places. Fortunately, both are back in the wooded area.)
The one in a pot is in the front yard. Last year, I had 2 or 3 racemes. This year, 15! Because it is in a pot, I'm trying to train it into more of a tree form, kind of like a patio tree rose. So far, it seems to be working.
You have the right idea about plugging drainage holes in the bottom. Not only would the wisteria escape, but other nearby trees and srubs would invade the pot. And then, you have a real mess on your hands.