Jan 21, 2014, 2:48 PM EDT
Warren Buffett wants to give you a billion dollars.
With a ‘B’.
And he wants to do it if you manage to fill out a perfect bracket for the NCAA tournament.
Seriously. Quicken Loans is sponsoring the Billion Dollar Bracket Challenge, and Buffett is the CEO of Berkshire Hathaway, the company insuring the grand prize.
“We’ve seen a lot of contests offering a million dollars for putting together a good bracket, which got us thinking, what is the perfect bracket worth? We decided a billion dollars seems right for such an impressive feat,” said Jay Farner, President and Chief Marketing Officer of Quicken Loans. “It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill.”
Anyone with a perfect bracket will win either $500 million up front or $25 million a year for the next 40 years. If no one wins, the top 20 brackets will receive $100,000.
“Millions of people play brackets every March, so why not take a shot at becoming $1 billion richer for doing so,” said Buffett. “While there is no simple path to success, it sure doesn’t get much easier than filling out a bracket online. To quote a commercial from one of my companies, I’d dare say it’s so easy to enter that even a caveman can do it.”
- Fixing his flaws: How Kris Dunn has attacked the two weaknesses in his game 0
- Five-star shooting guard focusing on ten schools 0
- Isaac Humphries is Kentucky’s insurance policy inside, but should that be concerning? 2
- Source: Isaac Humphries expected to commit to Kentucky, enroll in 2015 1
- Steady improvement turning Alize Johnson into valued Division I prospect 0
- Report: SMU’s Larry Brown up against ‘lack of coach control’ charge 1
- If the NCAA is correct, Donnie Tyndall is in big, big trouble 2
- Bruce Pearl on his time at Tennessee: ‘I ran a clean program’ (3)
- Another Division I coach loses their job in the wake of the Donnie Tyndall scandal (3)
- Marquette coaches discuss daily ‘noon ball’ tradition (VIDEO) (2)
- Isaac Humphries is Kentucky’s insurance policy inside, but should that be concerning? (2)
- Wichita State lands transfer guard from Texas A&M (2)