A nationally known e-magazine has reprinted an article claiming that Warren Buffet is offering one billion dollars to any person who fills out a perfect 2014 Mens' NCAA Tournament bracket.

Slate.com (in a reprint from the blog "Business Insider) says the prizes will be payed out in forty yearly installments of $25 million.

The winner or winners will also have the option of accepting/splitting an immediate $500 million lump sum payment.

The offer is the result of a partnership between Buffet and Quicken Loans.

 

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