Over the past few years, investor Warren Buffett has become famous for offering a billion dollars to anyone who fills out a perfect March Madness bracket. The odds of this happening, of course, are very slim – one in 9.2 quintillion.
And now, he’s making more prize money available – that could actually be won. His company will give $1 million a year for life to any employee who can correctly guess the Sweet 16 round in the upcoming NCAA tournament.
And, there’s also a prize of $100,000 for whoever goes the furthest. Last year, two guys tied. One of them knew a lot about basketball, while the other didn’t know anything about basketball – but they each got $50,000 out of the deal.
With March Madness just about two weeks away, it’s time to start doing your research as, clearly, there’s money to be made.