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A West Virginia factory worker fell one game short of banking $1 million


A factory worker from West Virginia fell one game short of winning $1 million in Warren Buffet's March Madness bracket challenge after he had accurately predicted the winners of the competition's first 29 games, ESPN reported. 

Thirty-six-year old Dwayne Johnson's winning streak was brought to a halt when he predicted that Marquette would defeat South Carolina. But his luck struck again when he predicted games 31 and 32 correctly, according to Yahoo.

He was ultimately awarded $100,000 for going the furthest among the 98,108 brackets submitted to Berkshire Hathaway.

“The enormity of the whole thing, $1 million a year for life, that’s insane,” Johnson said to Yahoo, “so that thought does creep in where I think, man, that would have been really nice but I can’t say enough about where I’m at. Just the fact that there wasn’t anything asked on my part, just being an employee. You’re not out anything. I’m dumbfounded that so many people don’t take part in it. I think for my 30 minutes, I got a pretty good return on my investment.”

Johnson, though, said he doesn't pay much attention to collegiate basketball, but noted he's a big West Virginia University fan. He also didn't do much research for his bracket.

 “I spent 5 minutes here and there, over lunch, reading a couple articles on potential upsets, but it was kind of an afterthought,” Johnson continued. “Last year I had a different methodology, I let my three sons pick whatever name sounded better. We didn’t make it very far that year.”

But now that he does have some extra money, he explained that he wants to take his sons to Disney World, even though they didn't pick the competition's winners. 

“I don’t want to come off too cliche and obvious,” he says, “but it’s pretty much already gone. We are paying off some debt, paying off a vehicle, improving our situation in that respect. And of course, we’re going to do a trip to Disney World for my boys, because I don’t know that I would ever be able to do that for them prior to this.”

The contest was open to the more than 360,000 employees of Buffett's companies that operate under his holding company of Berkshire Hathaway. 

"The odds are that we'll eventually give away that $1 million," said Buffett, who added that he will hold the contest for a third straight year in 2018. "We like doing it because we often act as separate companies and this brings us all together."

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