Buffett's Bracket Bonanza: A $1 Million March Madness Gamble

Warren Buffett Eases Conditions for $1 Million March Madness Challenge: "I Want to Give Away a Million"

Billionaire investor Warren Buffett has announced that he is easing the conditions for his $1 million March Madness challenge, which encourages people to fill out a perfect NCAA men's basketball tournament bracket.

The challenge, which has been running for over two decades, has become a popular tradition among Buffett's fans and investors. However, in recent years, the challenge has become increasingly difficult, with Buffett requiring participants to pick every game correctly, including the championship game.

But this year, Buffett has decided to make the challenge more accessible to a wider range of participants. In an interview with CNBC, Buffett explained that he wants to give away a million dollars, and he's willing to do so even if the winner doesn't fill out a perfect bracket.

"I want to give away a million, and I'm willing to give it away even if people don't do it perfectly," Buffett said. "I think it's a fun thing to do, and I think it's a great way to get people excited about March Madness."

To participate in the challenge, individuals must fill out a bracket predicting the winners of each game in the NCAA men's basketball tournament. The participant who correctly predicts the most games will win the $1 million prize.

The challenge is open to anyone, and participants can submit their brackets on the Berkshire Hathaway website. The deadline to submit a bracket is March 18, and the winner will be announced on April 5, after the NCAA men's basketball championship game.

Buffett's March Madness challenge has become a beloved tradition among his fans and investors, and this year's changes are expected to make the challenge more accessible to a wider range of participants.