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A Parisian Man Just Won a $1 Million Picasso Painting with a $117 Raffle Ticket

Ari Hodara, a 58-year-old engineer from Paris, has won a Pablo Picasso painting valued at approximately $1 million after purchasing a raffle ticket for just 100 euros. The artwork, a 1941 gouache-on-paper titled "Head of a Woman," depicts the artist's muse Dora Maar and was provided by Opera Gallery. The raffle sold 120,000 tickets globally, successfully raising significant funds for charity.

$120 Raffle Ticket Nets $1.2 Million Picasso

Ari Hodara, a 58-year-old software engineer from Paris, has won Pablo Picasso’s 1941 painting 'Head of a Woman' through a charity raffle. Hodara purchased a single €100 ticket for the '1 Picasso for €100' lottery after seeing an advertisement in a restaurant, eventually beating out 120,000 other participants to claim the work valued at approximately $1.2 million.