#billionbracket

Buffett-March-Madness-e1395433357777Warren Buffett has made tons of great investments in his life. However, the investment he made in the NCAA Mens Basketball tournament was one of his safest bets yet!

Online mortgage lender Quicken Loans and Berkshire Hathaway, the holding company run by Warren Buffett, teamed up to award $1 billion to the person who chose a perfect NCAA Mens Basketball bracket. Everyone in the office and in schools do pools with friends and co-workers. Warren Buffett laid out a free challenge with a big reward!

The hashtag #billionbracket has been used to update the amount of perfect brackets that remained. It has created mass amounts of discussion on Twitter and opened discussion about future contests.

As of today there are ZERO left with correct brackets. Thats right, ZERO. The odds of picking a perfect bracket weren’t good to start with. It is estimated that the chances of picking the perfect bracket are 9.2 quintillion to one as reported by CNN Money.

The NCAA tournament is one of the biggest social media events of the year as every game is televised life on 4 different channels and watched by people of all ages. With Twitter, Facebook, and Instagram bigger than they have ever been, more people are connecting about each game then ever before.

I would look out for more contests like these in the future as billionaires get the opportunity to give the common man a chance to make it big!

 

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