Friends Thomas Cook and Joseph Feeney shook hands in 1992, swearing if either one won the Powerball jackpot, they would split the winnings. Well the power of friendship and a handshake has paid off: 28 years later Tom won $22 million and split the winnings with his friend.

WI Lottery: $22 Million Ticket Claimed; Handshake in 1992 Leads to Big Win

MADISON, Wis. (July 23, 2020) – Friends Thomas Cook and Joseph Feeney shook hands in 1992, swearing if either one won the Powerball jackpot, they would split the winnings…no matter who bought the ticket. Tom, of Elk Mound, and Joe, of Menomonie, made good on that handshake when Tom realized a Powerball ticket he bought at Synergy Coop Exit 45 on 2100 County Rd. B in Menomonie for the June 10 drawing was the $22 Million jackpot winner.

After learning of the win, Tom called Joe to tell him the news and Joe, an avid fisherman, couldn’t quite believe it. “He called me and I said, ‘are you jerking my bobber?'” said Joe. Tom gave his two weeks-notice and retired upon learning of his win. Joe is previously retired from an area fire department…. Continue Reading (2 minute read)

14 thoughts on “Friends Thomas Cook and Joseph Feeney shook hands in 1992, swearing if either one won the Powerball jackpot, they would split the winnings. Well the power of friendship and a handshake has paid off: 28 years later Tom won $22 million and split the winnings with his friend.”

  1. Magnus77

    For those wondering their takehome was 16mil as cash payment and ended up as 5.7 mil each after taxes.

  2. Ameisen

    I didn’t know that Wisconsin had switched to the Euro.

  3. A40

    My father and his best friend did this same thing in 1968: any winnings would be split 50:50. Forty-seven years later my dad’s friend died, and by that time, buying only “the million dollar lottery tickets” – about one a month – they had split a total of $180.

  4. squigs

    Good for Tom.

    It always surprises me when people get into a fight over this sort of thing. I can’t really comprehend a practical difference between €22 million and €11 million. Either amount is a huge home and a work free lifestyle.

  5. UnseemlyRoutine418

    Narrator: *Tom actually won €68 million but told Joe that he only won €22 million (and gave Joe €11). Tom also used his extra cut to hire an assassin to eliminate the Joe problem.*

  6. CleatusVandamn

    Did Joe have to pay taxes on his cut? Because it was a gift? Did Tom pay taxes on the whole thing? What are the tax implications of this whole thing?

  7. Armitage1

    Tom’s wife seems the least thrilled with this arrangement.

  8. Scar_the_armada

    Wow, that’s a really good friend and a good guy

  9. kityrel

    >After learning of the win, Tom called Joe to tell him the news and Joe, an avid fisherman, couldn’t quite believe it. “He called me and I said, ‘**are you jerking my bobber?**'” said Joe.

  10. ZachMartin

    Interesting fact. It’s VERY costly and difficult to straight up give someone this amount of money. If you’re looking to do it tax efficiently, you have to do a lot of things. Source: I am a financial advisor for wealthy folks, mostly wall st execs.

  11. Dudephish

    Surely Thomas Cook could have just set his friend up with a nice holiday.

  12. reverse_friday

    A better man than me. I would have immediately hit him with the new phone who dis hahaha nah some friendships are worth more, and this one clearly is. Good for them

  13. rostasan

    Whenever debating the odds of winning I like to mention you probably have just as good a chance as winning the lottery out right as having the lottery winner give you money.

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