Warren Buffet To Pay $1 Billion For Perfect NCAA Bracket

Warren Buffett’s company, Berkshire Hathaway, has partnered with Quicken Loans to pay out $1 billion to the lucky person who fills out a perfect 2014 NCAA Tournament bracket this spring. The pay out breaks down into 40 annual installments of $25 million. Jay Farner, President and Chief Marketing Officer of Quicken Loans, said...

quote:

---

"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," s "It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill."

---

Free registration for the 'Quicken Loans Billion Dollar Bracket' will begin on Monday, March 3rd, 2014 and runs until Wednesday, March 19th, 2014. All participants registering prior to the tournament selection process will receive their brackets the evening of Sunday, March 16, 2014 when entrants can begin filling out their bracket. You can read more on other prizes they're giving away for not so perfect brackets here.