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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.

€1m Picasso painting to be won for €100 in charity raffle

A charity raffle in France is offering participants the chance to win a 1941 Pablo Picasso portrait, 'Tête de Femme', for the price of a €100 ticket. The initiative aims to sell up to 120,000 tickets to raise funds for the Alzheimer’s Research Foundation in Paris, with the painting's current owner, Opera Gallery, receiving €1m from the proceeds. The artwork will be displayed at Christie’s in Paris ahead of the drawing.