A Pablo Picasso painting is being given away in a raffle next month to raise money for a French Alzheimer’s charity.
The Fondation Recherche Alzheimer is offering 120,000 tickets for sale for a chance to win Picasso’s 1941 work “Tete de femme” as part of the third edition of the charitable initiative “1 Picasso for 100 Euros.” The painting is worth over $1.15 million, and each ticket will cost $115.
The raffle will be held at Christie’s auction house in Paris on April 14. The painting is being sourced from the collection of the Opera Gallery.
“Thanks to the public’s generosity and Picasso’s universal renown, we hope for significant fundraising to advance research and give hope to families affected by Alzheimer’s,” Fondation Recherche Alzheimer President Olivier de Ladoucette said in a release.
The first edition of the Picasso raffle initiative was held in 2013, when the 1914 Picasso work “L’Homme au Gibus” was given away and over $5.5 million was raised for the ancient Lebanese city of Tyre, which is also a UNESCO World Heritage site. The money went toward building a place for people to revive ancient handicraft techniques, per the raffle website.
The painting was won by Jeffrey Gonano, a Pennsylvania art enthusiast, according to the raffle’s official website.
The second edition was held in 2020, when the 1921 Picasso painting “Nature Morte” was given away. The raffle brought in over $5.8 million for well repair and sanitation work in Cameroon, Madagascar and Morocco.
The winner was Claudia Borgogno, an Italian who got the ticket as a Christmas gift from her son, per the raffle website.
