Quantcast

Warren Buffet Backs $1B Perfect Bracket Challenge

Get the WebProNews Newsletter:


[ Life]

With the financial insuring of Warren Buffet’s Berkshire Hathaway, Quicken Loans is running a contest that nobody will win.

Buy holy moly, wouldn’t it be a hell of a thing to win.

It’s called the Quicken Loans Billion Dollar Bracket Challenge, and it will deliver a billion dollars to anyone who can pick a 100% perfect NCAA March Madness bracket. If you’re the grand prize winner, you can either take the full billion in $25 million installments over the next 40 years, or you can take a lump sum of $500 million.

Registration opens on March 3rd, and there’s a limit – 10,000,000 participants (or more, if they decide to expand it).

“Millions of people play brackets every March, so why not take a shot at becoming $1 billion richer for doing so,” said Buffett. “While there is no simple path to success, it sure doesn’t get much easier than filling out a bracket online. To quote a commercial from one of my companies, I’d dare say it’s so easy to enter that even a caveman can do it.”

It’s a great thought – winning a cool billion just for picking some basketball games. It’s too bad that it’s never going to happen:

Having said all of that, the contest is still worth your time. Quicken is going to hand out $100,000 to the top 20 most-accurate brackets. I mean, you’re going to fill out a bracket anyway – might as well register it for a bigger prize than your office pool.

Image via YouTube

Warren Buffet Backs $1B Perfect Bracket Challenge
Top Rated White Papers and Resources
  • What I don’t understand?

    Warren buffet made over 37 million dollars a day in 2013. Those of you who don’t think the rich are getting rich and the poor are getting poorer are delusional. The NCAA is fixed anyway. Point shaving goes on all the time and Vegas will be the only true winner. You would have to be lucky as hell to win any bracket competition. None of it would be based on skill.

    The house always wins people. It never loses. Unless you to pull a Kobayashi Maru.

  • What I don’t understand?

    By the way, here is a breakdown of the richest bastards from last year and how much they made:

    Warren Buffett: He made $12.7 billion this year or ~$37 million per day; ~$1.54 million per hour; or ~$25,694 per minute.

    Bill Gates: He earned $11.5 billion this year which works out to be ~$33.3 million per day; $1.38 million per hour; or ~$23,148 per minute.

    Sheldon Adelson: The casino mogul earned $11.4 billion this year which means he made ~$33 million per day; ~$1.38 million per hour; or $22,946 per minute.

    Jeff Bezos: He made $11.3 billion this year or ~$32.7 million per day; $1.36 million per hour; or ~$22,745 per minute.

    Mark Zuckerberg: The Facebook founder made $10.5 billion this year or ~$30.4 million per day; ~$1.27 million per hour; or ~$21,135 per minute.

    Masayoshi Son: He made $10.3 billion this year or ~$29.86 billion per day; ~$1.24 million per hour; or $20,732 per minute.

    Sergey Brin: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.

    Larry Page: He made $9.3 billion this year which works out to be ~$26.9 million per day, $1.12 million per hour; or $18,719 per minute.

    Lu Chee Woo: He brought in $8.3 billion this year or ~$24 million per day; ~$1 million per hour; or ~$16,706 per minute.

    Carl Icahn: The billionaire investor made $7.2 billion this year, which works out to be ~$20.87 million/day; ~$869,565/hour; or ~$14,492/minute.

  • Join for Access to Our Exclusive Web Tools
  • Sign Up For The Free Newsletter