€1m Picasso portrait up for grabs for €100 in charity raffle

Artwork by one of the most influential artists of 20th century raffled to fund Alzheimer’s research

€1m Picasso portrait up for grabs for €100 in charity raffle

TL;DR

  • A Picasso painting, Tête de femme (1941), is being raffled by the Alzheimer’s Research Foundation.
  • Tickets cost €100, with proceeds supporting Alzheimer's research.
  • The goal is to sell 120,000 tickets, raising €11 million.
  • The raffle draw is scheduled for April 14 at Christie's in Paris.
  • If ticket sales don't cover the painting's cost, participants will be reimbursed.
  • Picasso's grandson, Olivier Picasso, supports the initiative, citing his grandfather's history of generosity.
  • This is the first time a Picasso artwork has been linked to a charity raffle of this scale.