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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.

  • 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.
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