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Old 01-22-2014, 02:55 AM   #41
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:55 AM   #42
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

e
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Old 01-22-2014, 02:55 AM   #43
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:55 AM   #44
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:56 AM   #45
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:56 AM   #46
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:56 AM   #47
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:56 AM   #48
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:56 AM   #49
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 02:57 AM   #50
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Old 01-22-2014, 09:49 AM   #51
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Long odds for sure. But why not fill one out - or several thousand if it's free.
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Old 01-22-2014, 10:36 AM   #52
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

Odds of winning powerball jackpot is 175,223,510 to 1. That means you're 52.6 billion times more likely to hit the jackpot than to fill out a perfect bracket.

If you can figure out a way to get through the early rounds to the sweet sixteen then there's only 32,768 combinations left.
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Old 01-23-2014, 03:15 AM   #53
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Odds of winning powerball jackpot is 175,223,510 to 1. That means you're 52.6 billion times more likely to hit the jackpot than to fill out a perfect bracket.

If you can figure out a way to get through the early rounds to the sweet sixteen then there's only 32,768 combinations left.
N/M he did his math wrong.

147,500,000,000,000,000,000 quintillion ways to fill out a bracket.
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Old 01-23-2014, 04:57 PM   #54
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Perfect brackets happen every year.

Imma fill out like, 254 of them.
well that might be but the odds are still incredibly out there
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Old 01-23-2014, 05:25 PM   #55
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

I feel like I could create a ridiculous amount of brackets and have a decent shot
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Old 01-23-2014, 05:45 PM   #56
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Yes!















Do er get $1000 for each post?
everybody gets $1000 per post up to $5000. Except johnnyb, he only gets $1000 total.
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Old 01-23-2014, 06:02 PM   #57
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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Pretty sure it's happened before

Nope, not yet. Maybe one day.
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Old 01-24-2014, 10:31 AM   #58
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Default Re: Warren Buffett Offering $1 Billion for a Perfect March Madness Bracket

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After taxes it's about $15M a year.
Got to love that 40% tax bracket.

Although, you could probably invest the lump sum $500 million, and manage a smaller tax penalty through capital gains.
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