- Joined
- Feb 2, 2005
- Messages
- 90,617
- Likes
- 58,370
sure the odds are slim to none but it can't hurt to enter
Buffett backing $1 billion NCAA bracket contest - Jan. 21, 2014
Buffett backing $1 billion NCAA bracket contest - Jan. 21, 2014
Quicken Loans is offering a $1 billion prize to the basketball fan who submits the perfect NCAA bracket for this year's tournament. And the prize, if there is one awarded, will be paid out by Buffett's Berkshire Hathaway (BRKA, Fortune 500).
The payment would be doled out over 40 years in annual payments of $25 million, or a lump-sum payment of $500 million. If there is more than one perfect bracket submitted, the winning entries will split the money.
Quicken is also paying out $100,000 prizes to each of the 20 contestants who do the best in the brackets.