Buffet to Offer One Billion Dollars for a Perfect Bracket

Billionaire Warren Buffet just added even more madness to March Madness. Buffet has come out today and said he will give a billion -- not million, but billion -- dollars to the person with a perfect bracket.

"It is our mission to create amazing experiences for our clients. This contest, with the possibility of creating a billionaire, definitely fits that bill," said Jay Farner, President and Chief Marketing Officer of Quicken Loans, one of Buffet's companies 

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 $1billion seems right for such an impressive feat."

Twenty winners with "imperfect" brackets will win $100,000 towards buying, refinancing, or remodeling a home.

Buffet, who is known for his generosity, most be feeling really  generous. It's either that, or he's really bored.

Now, you're going to see everybody and their momma filling out brackets, and you know who will win?

The little old lady in Springfield, Missouri who never watched a game in her life but picked the team with the prettiest uniforms. Trust me when I say that will happen.

Your chances of winning? 1 in 9.2 quintillion. That last number looks like 9,200,000,000,000,000,000 in figure form. If every living person in the USA sent in entries and each one was different, he/she would need to submit 30billion entries each to total that number.

But hey, you can't win if you don't have a ball in the bucket.

We'd ask, "Whatever next?" for further commercializing March Madness, but The Onion has already given us the answer: