This year, for March Madness, you can become a billionaire.

No, seriously!

To win the jackpot, all you have to do is fill out a perfect NCAA men's basketball bracket. Hey, at least it's free to enter.

The billion dollar prize is being put up by Quicken Loans and Berkshire Hathaway. In case you didn't know, Berkshire Hathaway is run by Warren Buffett, one of the richest people in the world with a $58.5 billion net worth.

What are the odds of filling out a perfect bracket you ask? Well, not good. The smarter than us people have done the math and your odds are about one in 128 billion.

Registration opens up March 3rd and it's only open to the first 10 million people. The good news is that if no one gets a perfect bracket, money will still be awarded. The 20 closest entries will get $100,000 each.

If you are that amazingly lucky person and get your bracket perfect, then you can choose a $500 million lump sum or the full $1 billion at $25 million per year for the next 40 years.