Pick an ideal Bracket, Win one thousand million Bucks

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College basketball fans may be in a position to put their hoops smart to the test this March with a possible payout of $1 billion at the line in the event that they can pick a really perfect bracket.

Quicken Loans and legendary investing guru Warren Buffet and Berkshire Hathaway are teaming as much as dangle an excessively huge prize of $1 billion in front of anyone that may fill out a super bracket for the approaching March Madness college basketball tournament.

Bracket contests are highly regarded per annum for March Madness with many millions of bucks wagered in office pools and at online gambling sites, with gamblers looking to pick as many games right of their brackets as possible.

Perfection is an excessively tall task, with 64 teams playing right down to only one final winner remaining standing, leaving anyone dreaming of an ideal bracket absolutely no margin for error. The real odds of picking the entire games corrrectly and collection one thousand million bucks? Approximately 1 in 9.2 quintillion.

The $1 billion prize would either be paid in 40 annual installments of $25 million or the winner could take an instantaneous $500 million lump sum payment before taxes. Quicken Loans may be handing out $100,000 each to the 20 most accurate brackets that may be used for buying, refinancing or remodeling a home.

Entries can be capped at 10 million and all entrants should be a U.S. citizen and over the age of 21. Registration will begin on March 3, 2014 and run until March 19, with brackets going out on March 16.

"It is our mission to create amazing experiences for our clients. This contest, with the opportunity of making a billionaire, definitely fits that bill," Jay Farner, President and Chief Marketing Officer of Quicken Loans said in a statement.

“Millions of individuals play brackets every March, so why not take a shot at becoming $1 billion richer for doing so,” said Buffett in his own statement released to the clicking in regards to the contest. "While there's no simple route to success, it sure doesn’t get much easier than filling out a bracket online."

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