Abstract: A new water cooler with compartmentalized storage area for transporting large quantities of water and individual canned beverages. The inventive device includes an insulated cooler having a generally cylindrical configuration. The cooler has an opening through an upper end thereof into a hollow interior. The hollow interior receives a water container therein. The water container has a plurality of radially spaced recesses each extending a length of the container. The insulated cooler has a plurality of elongated openings in a side thereof corresponding with the radially spaced recesses of the water container. A plurality of insulated sleeves are hingedly coupled with the four elongated openings of the insulated cooler. Each of the sleeves have a recessed interior for receiving beverage cans therein whereby when the sleeves are closed within the insulated cooler, the beverage cans rest between the recessed interior and the recess of the water container.