The NCAA Men's Basketball Tournament will commence on March 20. There will be 68 teams fighting for one trophy, and 67 games played. If you can correctly predict all the results of those 67 games, Warren Buffett and Quicken Loans will pay you an unprecedented prize of $ 1 billion!

It's real. No hoax and that's not an error. They are really awarding a cool billion. From the Washington Post: "Berkshire Hathaway, the company owned by Warren Buffett, will pay $1 billion to the person who correctly predicts the winner of every game during March Madness. In exchange for his promise to pay up, Quicken Loans is paying Buffett a premium that neither man would disclose. ("Dan would say it's too much, I would say it's too little," Buffett said.)"

Buffett was referring to Dan Gilbert, Quicken founder, owner of the Cleveland Cavaliers who gained notoriety when he wrote a scathing letter to LeBron James when he left Cleveland for Miami.

Buffett continued: "This will be the most fun. Just imagine if there's one person left at the last game. I will go to that final game with him or her and I'll have a check in my pocket.... I think we'll be rooting for different teams."

Buffett came up with the idea of making the biggest contest ever to Dan Gilbert. He agreed to make a contest for it and established some rules: "It opens March 3 to the first 10 million households that sign up online. The winner can take 40 annual payments or a $500 million lump sum. Multiple winners would split the dough. In addition, Quicken will offer $100,000 each to the 20 most accurate brackets, to be used for buying, refinancing or remodeling a home. Quicken will run the contest and Berkshire Hathaway will provide security."

Seems like it's the easiest way to earn a Billion, right? Not so fast. The mathematical odds of making a perfect bracket are "9.2 quintillion-to-1." Jeffrey Bergen, a math professor from DePaul University talked to USA Today, and concluded: "the odds improve to "one in 128 billion if you know something about college basketball."

Some of the biggest bracket busters of all time happened in recent tournaments. Last year, 15^th seed Florida Gulf Coast University (FGCU) beat Georgetown University and busted more than half of all the registered brackets. However, no 16^th seed has ever toppled a no.1 seed in the tournament's history.