A personal watercraft has a hull, a deck disposed on the hull, a bin, and hood. The hood is operatively connected to the deck and is movable between an open position providing access to the storage bin and a closed position preventing access to the storage bin. An opening having a contour is provided in the deck forwardly of the watercraft's steering handles. The storage bin is disposed in the opening. The storage bin has a container disposed in the opening and a lid operatively connected to the container. The lid is movable between an open position providing access to an interior of the container and a closed position preventing access to the interior of the container. A storage bin to be used in combination with a personal watercraft is also disclosed.