How To Win $1 Billion In Two Weeks
Warren Buffett is giving away $1 billion. There’s a catch.
Buffett’s company, Bershire Hathaway teamed up with Quicken Loans founder Dan Gilbert for a rare chance to get rich. Filthy rich.
The person who fills out the PERFECT bracket in this years NCAA March Madness tournament will win a grand prize of $1 billion.
Rob Wile of Business Insider, has the details.
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.
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. Quicken will also donate $1 million to inner-city Detroit and Cleveland non-profit organizations. Quicken is based in Detroit, but Gilbert owns the Cleveland Cavaliers and the city’s Horseshoe Casino.
Better start doing your research now, March Madness begins March 3rd and runs through the National Championship game on March 18.