Warren Buffett hands out $1m to employee who won March Madness pool

Warren Buffet is handing over $1million to at least one employee of Berkshire Hathaway as part of his annual company pool, as the high plateau to get the cash was finally met.

Buffet has offered up the $1million to anyone in his company who correctly predicted all of the Sweet 16 for the last decade, with more than 60,000 entries per year.

This year, Buffet, 94, changed the rules to give more people a chance to win - correctly predicting at least 30 of the 32 teams to win a first round game.

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