The Sift Here’s what we’re Sifting today

Powerball winner splits the pot

by Seth Johnson
Posted 7/24/20, 03:48 pm

In 1992, Wisconsin friends Tom Cook and Joseph Freeney agreed to share the winnings if either ever won the lottery. Last month, Cook honored that promise, calling Freeney to tell him they will split the $22 million Powerball jackpot. “He called me, and I said, ‘Are you jerking my bobber?’” Freeney said.

What will they do with the money? The duo decided to take a lump sum payout, leaving each with roughly $5.7 million after taxes and adjustments. Almost 30 years after making the pact, Cook said, “I can’t think of a better way to retire.” Both said they were looking forward to traveling and spending more time with family. The odds of winning the national lottery are 1 in 292 million.

Dig deeper: Read Anna Poole’s analysis of 2016’s record Powerball jackpot.

Read more from The Sift Sign up for The Sift email
Seth Johnson

Seth is a graduate of the World Journalism Institute student course.

Read more from this writer