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warren buffett awards million dollar prize in march madness contest

Warren Buffett's March Madness contest finally produced a $1 million winner after nearly a decade, with an employee from FlightSafety International correctly predicting 31 of 32 first-round NCAA tournament games. This year, the rules were adjusted to award a one-time payment for predicting at least 30 games correctly, inspired by Buffett's desire to give away the prize while still alive. While the grand prize of $1 million annually for life remains unclaimed, 11 other participants will receive $100,000 each for their impressive predictions.
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