Can you pick the perfect bracket for NCAA basketball? I’m certain no one has ever picked a perfect bracket in the history of March Madness. The odds of winning a billion is 1 in 9.2 Quintilian and Buffett is betting that you won’t win. He’s teamed up with Cleveland Cavaliers owner Dan Gilbert and promises $1 Billion to anyone who can fill out a perfect bracket. They are doing it through their companies Berkshire Hathaway and Quicken Loans.
Can you imagine the taxes on a billion dollars? The pay out will be spread out over 40 years at $25 million a pop, unless the winner opts to take $500 million. If there is more than one perfect bracket submitted, the winning entries will split the money.
What would you do with 1 Billion dollars?
