1 MILLION 👏 A YEAR 👏 FOR LIFE 👏
Warren Buffett is upping the stakes this year for Berkshire Hathaway’s annual March Madness bracket pool. Unlike previous years before, Buffett is willing to give one lucky employee $1 million a year for the rest of their life if that employee correctly guesses all of the teams that appear in this year’s Sweet 16. Speaking with CNBC on Monday, the billionaire commented, “If they can get to the Sweet 16, if there’s only one of them, whoever it is, he or she gets a million dollars a year for the rest of their life.”
The odds of guessing the Sweet 16 isn’t impossible. According to ESPN.com, approximately 1 in 826,000 pulled it off on ESPN.com in 2014. While the odds aren’t in everyone’s favor, the winner of the Berkshire Hathaway’s annual March Madness bracket pool will still take home a $100,000 cash prize.
The prize is a considerable increase from prior years, though pales in comparison to his 2014 prize. Buffett offered $1 billion in 2014 to whoever correctly guessed every game in the tournament. Of course no one won but the opportunity alone was unparalleled.