NEWwbztv-small wbz-am-small 985-small mytv38web2

Sports

$1 Billion Offered For Perfect NCAA Tournament Bracket

View Comments
The NCAA Wilson basketball sits at the feet of a referee. (Photo by Rob Carr/Getty Images)

The NCAA Wilson basketball sits at the feet of a referee. (Photo by Rob Carr/Getty Images)

Sports Fan Insider

Keep up with your favorite teams and athletes with daily updates.
Sign Up

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 This material may not be published, broadcast, rewritten or redistributed.

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,018 other followers