Billionaire investor Warren Buffet may not be the most plugged-in person when it comes to sports, but much like everyone else in America, he can really get into March Madness. To that end, Buffet is reportedly offering a king's ransom for a perfect bracket this year. Unfortunately, there's one significant caveat to it.
According to Forbes, Buffet has pledged to pay out $1 million per year for life to whoever gets a perfect bracket. The catch is that the perfect bracket must belong to an employee of Berkshire Hathaway or one of its dozens of subsidiary companies.
As a result, the pool of potential winners shrinks from the entire world to only a few hundred thousand employees. Last year, only one employee was reportedly able to even get 31 of the 32 winners of the First Round correctly.
However, failing to get a perfect bracket doesn't mean he's being too stingy.
Buffet has also previously pledged $100,000 to be shared among the top brackets.
Back in 2014, Buffet made the biggest March Madness bracket contest ever when he pledged $1 BILLION to whoever got a perfect bracket that year.
Unsurprisingly, nobody claimed the money that year.
It remains an incredibly difficult task to get a perfect bracket, particularly given how hard it is to pick 32 games correctly in any sport - even one someone studies for a living.
Could this be the year?