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March Madness Kicks Off With Billionaire-Funded Bracket Challenges and Unprecedented Prizes

Elon Musk and Warren Buffett headline the competition with rewards including a trip to Mars and millions in cash, as millions finalize their brackets for the tournament's first round.

Billionaire Warren Buffett is offering millions of dollars in prizes for the lucky basketball fan who can select a perfect March Madness bracket.
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Overview

  • Elon Musk's X Bracket Challenge offers a trip to Mars on SpaceX’s Starship for anyone who submits a perfect March Madness bracket, alongside other prizes like $250,000 and free Starlink service.
  • The odds of creating a perfect bracket are astronomically low, estimated at 1 in 9.2 quintillion if chosen randomly, according to the NCAA.
  • Warren Buffett is offering $1 million to any Berkshire Hathaway employee who correctly predicts at least 30 of the 32 first-round games, with additional prizes for top performers.
  • Major organizations like USA Today, ESPN, and CBS Sports have launched their own bracket challenges, with rewards ranging from $1 million for a perfect bracket to trips and cash prizes for top entries.
  • The NCAA tournament officially begins Tuesday evening, with most bracket competitions closing submissions before Thursday's first-round games.