Billion Dollar Prize Offered for Predicting NCAA Basketball Res - FOX 10 News | myfoxphoenix.com

Billion Dollar Prize Offered for Predicting NCAA Basketball Results

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(FOX 11/ AP) Correctly predicting the outcome of every game in the NCAA men's basketball tournament is no layup. There's now a $1 billion prize waiting for anyone able to pull off the feat this Spring.

Quicken Loans Inc. announced Tuesday that it will team with investor Warren Buffett's Omaha, Neb.-based Berkshire Hathaway on the "Billion Dollar Bracket Challenge."

The Detroit-based mortgage lender says any qualified entrant who correctly predicts the winners of every game in the tournament will be paid in 40 annual installments of $25 million. A winner also can elect to receive an immediate $500 million lump-sum payment or share in that payment if there's more than one perfect bracket submitted.

Submissions are limited to one per household.

  • Gina's People

    A Rare Condition

    A Rare Condition

    Monday, April 21 2014 11:24 AM EDT2014-04-21 15:24:17 GMT
    Hell on earth, that's how some doctors describe Recessive Dystrophic Epidermolysis Bullosa also known as E.B. It's a horrible genetic disease that Nicky Zahorcak was born with. A lot of his skin is raw, the slightest touch can cause blisters that quickly spread. He says, "Right now, all the bandages that you see everywhere even on my sides, they're all raw skin." His mother Silvia says very few people know about this rare condition and she wants to change that.
    Hell on earth, that's how some doctors describe Recessive Dystrophic Epidermolysis Bullosa also known as E.B. It's a horrible genetic disease that Nicky Zahorcak was born with. A lot of his skin is raw, the slightest touch can cause blisters that quickly spread. He says, "Right now, all the bandages that you see everywhere even on my sides, they're all raw skin." His mother Silvia says very few people know about this rare condition and she wants to change that.
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