Index: Doc/library/threading.rst
===================================================================
--- Doc/library/threading.rst	(revision 62767)
+++ Doc/library/threading.rst	(working copy)
@@ -518,13 +518,14 @@
 
 .. method:: Event.wait([timeout])
 
-   Block until the internal flag is true. If the internal flag is true on entry,
-   return immediately.  Otherwise, block until another thread calls :meth:`set` to
-   set the flag to true, or until the optional timeout occurs.
+   Block until the internal flag is true, and return the value of the internal
+   flag. If the internal flag is true on entry, return immediately.  Otherwise,
+   block until another thread calls :meth:`set` to set the flag to true, or
+   until the optional timeout occurs.
 
    When the timeout argument is present and not ``None``, it should be a floating
    point number specifying a timeout for the operation in seconds (or fractions
-   thereof).
+   thereof). If the operation times out, the method returns false.
 
 
 .. _thread-objects:
Index: Lib/threading.py
===================================================================
--- Lib/threading.py	(revision 62767)
+++ Lib/threading.py	(working copy)
@@ -373,6 +373,7 @@
         try:
             if not self.__flag:
                 self.__cond.wait(timeout)
+            return self.__flag
         finally:
             self.__cond.release()