A look at the economic and social impact of the NCAA Tournament.
The impact of the NCAA Men's Basketball Tournament can be far reaching, from economic to social. Here are a few stats to consider when thinking about March Madness and how it influences our lives.
$1.9 Billion – Hourly losses by companies due to unproductive workers during March Madness.
$9 Billion – Estimated amount wagered on the 2015 NCAA tournament ($7 billion illegally).
81% – Of HR professionals say their organizations don’t have policies addressing office pools.
2X – Easier to win back-to-back Mega Millions lotteries than it is to fill out a perfect bracket.
17.5 Million – Barrels of American beer produced each March, compared to an average of 14M in all other months.
For more, enjoy this infographic, courtesy of WalletHub.