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.”
- Manhattan’s returnees look to build on the achievements of last season’s senior class 0
- 2014-15 Season Preview: Rivals Iona, Manhattan have company in race to the top of the MAAC 0
- Top 25 Countdown: No. 11 Villanova Wildcats 0
- 2014-15 Season Preview: Kentucky’s loaded rotation leads nation’s best front courts 0
- Cameron Payne didn’t expect to fill Isaiah Canaan’s void at Murray State, but he did 0
- 2014-15 Season Preview: The Top 20 Perimeter Attacks 1
- Top 25 Countdown: No. 12 Wichita State 1
- UNC investigation states bogus classes pushed by academic counselors to athletes (7)
- Report: Texas plans to start paying their athletes $10,000 stipend (4)
- 2014-2015 Season Preview: College Basketball’s Top 13 Dunkers (VIDEOS) (3)
- Texas A&M lands another five-star center, has loaded 2015 recruiting class (2)
- Florida guard cleared to return to practice (2)