Billionaire investor Warren Buffett wants to give somebody $1 million a year for the rest of his or her life, but there is a catch.
The Berkshire Hathaway CEO is once again holding a March Madness men's college basketball bracket contest.
The rules are simple: Anyone who can pick the last 16 teams in the tournament will win a $1 million a year for life. But to play, you have to be an employee at Berkshire Hathaway. About 100,000 employees completed brackets in previous years.
Eight employees who survived the longest split a $100,000 consolation prize.
Last year, not a single worker won the contest. In fact, none of them got past the first round of the 68-team tournament thanks to numerous upsets.
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