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$1 Billion Dollars for a "Perfect" March Madness Bracket

#1
(This post was last modified: 01-21-2014, 08:07 PM by enigma.)

From Business Insider:

 

Warren Buffett's Berkshire Hathaway and Dan Gilbert's Quicken Loans are partnering to award anyone who fills out a perfect 2014 Men's NCAA Tournament bracket with $1 billion.

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;"> 

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">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.

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">"It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill," Jay Farner, President and Chief Marketing Officer of Quicken Loans said in a statement. He added: "We've seen a lot of contests offering a million dollars for putting together a good bracket, which got us thinking, what is the perfect bracket worth? We decided a billion dollars seems right for such an impressive feat." 

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">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.

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">The odds are not ideal — a 1 in 9.2 quintillion chance.

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">But it costs nothing to fill out so you should probably do it. The contest starts March 3rd. "March Madness" kicks off March 18.

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">------------------------------------------------------------------------------------

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">Why not give it a try?

<p style="color:rgb(0,0,0);font-family:Helvetica, Arial, sans-serif;font-size:15px;">Oh, and I will accept 10% of the winnings if any of you lovelies manage to strike it rich!  Banana


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$1 Billion Dollars for a "Perfect" March Madness Bracket - by enigma - 01-21-2014, 08:05 PM



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