Economy

Wisconsin friends split $22 million Powerball jackpot after 1992 promise

Wisconsin friends split $22 million Powerball jackpot after 1992 promise”

Tom Cook and Joe Feeney shook hands on a promise to split future lottery winnings in 1992, after the lottery became available in their home town of Wisconsin, America. The agreement was sealed only with a handshake.

Joe Feeney from Wisconsin in the USA could barely believe it when he received a call from his friend Tom Cook to say he had won 22 million dollars (£17.3 million) on the Powerball lottery and was intending to split it with him.

The winners chose to receive a one-time cash payment, which is why the final amount was significantly less than the original win. "I can't think of a better way to retire", Mr Cook said. He ended up hitting the jackpot, according to Wisconsin Lottery.

"He called me and I said: 'Are you jerking my bobber?".

Cook gave his two-weeks notice to retire after winning and said now, they can "pursue what we feel comfortable with".

More news: Tech stocks drag on markets as U.S.-China relations sour

"A handshake is a handshake, man", Mr Cook said, as he proudly accepted his lottery cheque alongside his mate.

The odds of winning the Powerball jackpot are estimated to be one in about 292 million.

'I kind of froze and handed them to her and she froze, ' he said, pointing to his wife who was off camera.

The pair have no "extravagant plans for the winnings", Wisconsin Lottery says. "So we buy every week ... not really thinking it would happen". Cook stop his job and is planning to invest more time with family and travel hassle-free. "I won the Powerball and right away bought them".



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