Kalshi Offers $1 Billion for a Perfect March Madness Bracket—Just as Warren Buffett Did 12 Years Ago

No one won back in 2014—and the odds are still just as slim today.

BY ANNABEL BURBA, EDITORIAL ASSISTANT @ANNIEBURBA

Illustration: Inc; Photo: Getty Images

Kalshi is taking cues from the Oracle of Omaha this March Madness season. Yesterday, the prediction market platform announced that it’s recreating a contest Warren Buffett famously backed in 2014 by offering to give $1 billion to anyone who creates a perfect bracket for the 2026 NCAA men’s basketball tournament.

The odds of someone actually achieving this feat are extremely slim. It’s about a 1 in 9.2 quintillion chance—a fact Buffett and Kalshi are both well........

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