$1 Billion Offered For Perfect Tournament Bracket
DETROIT (AP) — Correctly predicting the outcome of every game in the NCAA men’s basketball tournament is no layup.
But there’s now a $1 billion prize waiting for anyone able to pull off the feat this spring.
Quicken Loans announced Tuesday that it’s teaming with investor Warren Buffett’s Omaha, Neb.-based Berkshire Hathaway on the “Billion Dollar Bracket Challenge.”
The Detroit-based mortgage lender says any qualified entrant who correctly predicts the winners of every game in the tournament will be paid in 40 annual installments of $25 million. A winner also can elect to receive an immediate $500 million lump-sum payment or share in that payment if there’s more than one perfect bracket submitted.
Free registration for the contest will begin March 3 and run until March 19.
(© Copyright 2014 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)
- Mavericks Embarrass Heat In 2nd Half, Win 93-72
- Prime Prep, Charter School Started By Deion Sanders Closed
- Judge To Rule On Motion To End Midland Veterans Parade Crash Trial
- Specialized Veterinary Care Worth The Price For Pet Owners
- Softball Team Plays For First Time Since Fatal Crash
- Man Fights To Take Pregnant Wife Off Life Support
- Cowboys’ Romo Update: Complication In Back Surgery
- Flu Cases Spike In Texas, 13 Dead In Houston Area
- 70-Year-Old Brutally Attacked Outside Restaurant
- Owner Reunites With Dog 4 Months After ‘Dognapping’
- PHOTOS: Your Pet Pictures