Warren Buffett's employees could win $2M a year for life for picking perfect bracket

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Eric Francis / Getty Images Sport / Getty

There is no March Madness bracket office pool quite like the one run by Warren Buffett.

As he has done in the past, the Berkshire Hathaway chairman and CEO is offering $1 million a year for life to any of his employees who pick a perfect bracket through the NCAA tournament's Sweet 16. But this year, Buffett has promised to sweeten the pot if a team from his home state of Nebraska wins the title.

"If either Creighton or Nebraska ends up winning the tournament, we're going to double the prize. So instead of being $1 million, it's gonna be $2 million," he told CNBC last month.

Nebraska missed out on this year's NCAA tournament and will instead play in the NIT.

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