If You Fill Out A Perfect March Madness Bracket, Warren Buffett Will Give You $1 Billion. Yes, With A B

If You Fill Out A Perfect March Madness Bracket, Warren Buffett Will Give You $1 Billion. Yes, With A B
Sports
Like Us On Facebook
Like Us On Facebook

Warren Buffet is one of the richest men in the world, worth nearly $60,000,000,000. And he is offering $25 million a year for 40 years to anyone that can fill out a perfect March Madness NCAA bracket.

Buffet’s investment firm, Berkshire Hathaway, is partnering up with Dan Gilbert’s (owner of the Cleveland Cavaliers) Quicken Loans, to make one lucky person exceedingly rich. Because if 40 years is too long for you to get $25 million a year, you could always just take a $500 million lump sum, single payment.

Before you start making plans for your summer vacation, let’s look at the odds of winning. The number of possible brackets is 2^63, or more specifically 9,223,372,036,854,775,808. Even after you factor in things like seeding, coaching and talent level, the odds of filling out a perfect bracket are nearly 1 in 128 billion.

Don’t believe my math? It’s not mine. DePaul math professor Jay Bergen made this video in 2012.

Don’t worry! Buffet and Gilbert aren’t just banking on the impossibility of a perfect bracket. The people who submit the 20 brackets closest to the way March Madness finally plays out will each receive $100,000. There is, however, a catch. That 100 grand has to be spent on either buying, building or remodeling a house. Considering Quicken Loans is, you know, a mortgage broker, that makes some sense.

Good luck to us all! I’m rooting for SOMEONE to take advantage of some basketball knowledge and wild intuition.

H/T: Bleacher Report, Top Photo Credit: Getty Images

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Christian La Du

After years of intense training, Christian emerged from Vassar College as a partially-fledged writer with a degree in economics, who is capable of consistently achieving mediocrity while striving for greatness. He knows how to tie his shoes and does his own laundry (most of the time). When not hard at work, he is trying (often failing) to play pick-up sports.

More In Sports

Sports Joseph Milord

Here’s Why The ‘Triangle Offense’ Is A Big Deal For The Knicks This Year

The words “Triangle Offense” truly deserve their place in between these quotation marks. After all, when you think about it, we don’t only use them to simply reference other people’s quotes. We often use quotation marks, especially in finger-motioning form, to point out titles that, despite technically being factual, seem to exaggerate the importance or […]

Sports Philip Tacason

Why The 2014 World Series Will Be The Best One Yet

Two days ago, the Kansas City Royals won their eighth straight post-season game and claimed the American League pennant after ending a playoff drought that lasted nearly three decades. Last night, the San Francisco Giants won the National League Pennant after a walk-off, three-run home run by mid-season acquisition Travis Ishikawa. Today, sports journalists across […]

Also On Elite

World

India’s Mars Orbiter Successfully Reaches Mars On Its First Attempt

India’s Mars Orbiter Mission has successfully reached the Red Planet, the first spacecraft to do so for the nation. The robotic satellite known as Mangalyaan (Hindi for “Mars Craft”) entered Mars’ orbit after 10 months in space, according to NBC News. The feat was confirmed by mission controllers in Bangalore after Mangalyaan, or MOM, sent […]

World

Woman Miraculously Survives Being Hit By Two Trucks (Video)

Jasmien Claeys’ car crumpled like paper after it was smashed by two trucks in a row. But, the 25-year-old Kalken, Belgium, resident miraculously survived. Claeys was in a coma for a bit, but suffered only two broken vertebrae and a smashed hand in the accident that totaled her car. In a dash camera video shot […]

Strategy

Netflix Is Taking The Movie Theatre Industry Head On, And It Will Win

Going to the movies has become an expensive outing rather than just a fun past time. Across the country, but especially in New York City, moviegoers (who aren’t budget-conscious) can expect to spend upwards of $30 on just a ticket and snacks. Long gone are the days when you could go and see a new […]

Food

Someone Actually Attempted To Make The ‘Pizza Cake’ At Home (Photos)

Ever come across an interesting food concoction on the Internet and then try to make it at home? Most of the time, it goes horribly wrong. But, when one Imgur user, 10fttall, attempted to replicate the pizza cake everyone’s been talking about, it actually went surprisingly well. I attempted the ‘Pizza Cake’ I saw the other […]