As bracket challenges go, this one is worth a shot.
Warren Buffett’s Berkshire Hathaway and Dan Gilbert’s Quicken Loans are partnering to award anyone who fills out a perfect 2014 Men’s NCAA Tournament bracket with $1 billion.
The prize will be paid out in 40 annual installments of $25 million. If there’s more than one winner they’ll have to share. The winner or winners can also take or split up an immediate $500 million lump sum payment.
Don’t worry, they’re dishing out plenty for some less-than-perfect brackets too.
In addition to the grand prize, Quicken will award $100,000 each to the contest’s 20 most accurate ‘imperfect’ brackets submitted by qualified entrants in the contest to use toward buying, refinancing or remodeling a home.
Of course, if the grand prize is won it will be by a 20 year old woman who hasn’t watched ten minutes of college hoops in her life and completely spitballed her bracket.