'A handshake is a handshake': Friends split $22M Powerball jackpot, honoring years-old agreement

When Tom Cook and Joe Feeney agreed to split their future lottery winnings years ago, the friends didn't think their handshake would mark a multimillion-dollar agreement.

But last month, Cook checked the numbers for his June 10 Powerball ticket and discovered he had won $22 million. He didn't hesitate.

"A handshake is a handshake, man," Cook said of the arrangement in an interview with the Wisconsin Lottery. The Lottery confirmed Thursday that Cook and Feeney are splitting the prize.

Their pact is so old that Feeney couldn't remember exactly when it started. He guessed it dated back about 20 years. In a release, the Lottery traced the deal to 1992, when the lottery game was first offered in Wisconsin.

Thomas Cook and Joseph Feeney agreed years ago to split future lottery winnings. Cook followed through on that promise when he won a $22 prize in June.
Thomas Cook and Joseph Feeney agreed years ago to split future lottery winnings. Cook followed through on that promise when he won a $22 prize in June.

"We said whenever the big winner comes, we're going to split it, so we buy every week ... not really thinking it would happen," Feeney said.

The win came against steep odds: Currently, the chance of hitting the Powerball's grand prize is 1 in 292,201,338.

The pair laughed when Feeney recalled learning the news: "Are you jerking my bobber?" the avid fisherman said to Cook.

Related: Here's what to splurge on if you win the lottery

Cook and Feeney are taking a cash payout of $16.7 million, and each will get about $5.7 million after taxes, the Wisconsin Lottery says.

The two didn't report any particularly extravagant plans for spending the money to the Wisconsin Lottery. Cook quit his job and is planning to spend more time with family and travel stress-free. He's still playing the Powerball, he said.

This article originally appeared on USA TODAY: Powerball winners: Wisconsin friends split $22 million jackpot