Handle mechanism for cooler or the like

A portable cooler assembly comprising a body portion, said body portion having a lower wall and upstanding side walls defining a cavity, said side walls defining an opening to said cavity above said lower wall, said walls being insulated to maintain a desired temperature in said cavity, said side walls defining a generally planar ledge below their upper edges and circumscribing said opening, a lid adapted to be supported directly upon said ledge for closing said opening, a handle supported for pivotal movement by opposing of said walls about a horizontally disposed axis from an upright carrying position to a lowered storage position, said handle having a configuration to nest between the outer peripheral edges of said lid and the inner surfaces of the edges of a portion of said opposing side walls and one of the interconnecting side walls that extend above said ledge when said handle is in its storage position said lid having a locking projection formed thereon extending outwardly therefrom and positioned below the upper edges of said side walls when said lid is supported on said body portion and latch means on said handle adapted to coact with said locking projection when said handle is in at least one of said positions for locking said lid to said body portion.