Nation of Blue

Basketball

Warren Buffett to Pay $1 Billion for Perfect March Madness Bracket

1 billion dollars

You read the title right.

One. Billion. Dollars.

This from BuisnessInsider.com:

Warren Buffett’s Berkshire Hathaway and Dan Gilbert’s Quicken Loans are partnering to award anyone who fills out a perfect 2014 Men’s NCAA Tournament bracket with $1 billion.

The prize will be paid out in 40 annual installments of $25 million. If there’s more than one winner they’ll have to share. The winner or winners can also take or split up an immediate $500 million lump sum payment.

Don’t get too excited though.

There is a 1 in 9.2 quintillion chance in having a perfect bracket.

[adsenseyu3]

To Top