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Warren Buffett is offering a $1 million March Madness prize
Fortune
Follow
3/21/2025
The odds of a perfect March Madness bracket are nearly impossible, but Berkshire Hathaway CEO Warren Buffett is trying to make it easier for his employees to win the $1 million prize.
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Tech
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00:00
Warren Buffett is bringing the March Madness with a $1,000,000 prize for Berkshire Hathaway's pool.
00:05
When the pool started in 2014, $1,000,000,000 was up for grabs for whoever correctly predicted the outcome of all 63 games.
00:14
And no one won.
00:15
Then in 2016, Buffett changed the prize to $1,000,000 if an employee had a perfect bracket for the first two rounds,
00:22
and $100,000 to the best bracket if no one was able to guess every game correctly.
00:27
Still, no one has won the $1,000,000 jackpot.
00:30
But the billionaire plans to make it easier to win the top prize with new parameters this year.
00:35
Employees at any Berkshire Hathaway-owned company will need to pick the winners of 30 out of the first 32 games to win the pool.
00:42
If no one manages to do that, a $250,000 prize will be awarded to the best bracket of the entire tournament.
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