Yes, you read that title right. Not $1 million — but $1 BILLION for a perfect March Madness bracket!! I don’t usually do March Madness brackets, but for a billion dollars … I just might have to try — even with the horrible odds of winning (one in 9.2 quintillion). So how do you sign up?! Hit the jump for details…
Via NBC:
Warren Buffett wants to give you a billion dollars.
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.
