Without the water being able to get "into" the ground, there simply will not be enough heat transfer from the water to the ground.
If anyone there is afraid of storms, might consider turning it into a storm shelter? Would have to provide emergency egress, however -- some way to the outside after an emergency.
Another idea might be to put all of your basement utilities inside, which would free up the rest of the basement for more living space.
Being right on the Canadian border with such long winters, we normally get by just fine with a single 5,000BTU window A/C to cool the house. In winter, we're not so lucky. Heating bills are much more. When you think about it, the temp gradient is also much higher in winter; 65F inside and -30F outside = 95-degree gradient. In Summer, 70F inside to 85F outside is only 15-degree gradient. On a scorching day of 100F, would still only be a 30-degree difference.
I think it would be a waste of time/money/effort to try to cool the house using the cistern full of water. The pump to circulate the water would use nearly as much electricity as the A/C.....at least in this house it would.
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