A charity raffle organized by France's Fondation Recherche Alzheimer offers participants the chance to win a Pablo Picasso painting valued at €1 million ($1.2 million) for a €100 ticket. The work, a 1941 gouache on paper titled *Tête de femme*, will be drawn on April 14, 2026, at Christie’s Paris. The raffle is the third of its kind involving a Picasso to support charitable causes, following previous editions in 2013 and 2020 that each raised €5 million for different organizations. The initiative was spearheaded by French TV host Péri Cochin, with the support of the artist's late son Claude Picasso.
This raffle matters because it merges high-value art philanthropy with accessible public participation, democratizing the chance to own a major Picasso while funding critical Alzheimer’s research. The foundation, which has already provided €29 million to over 40 European research teams, aims to raise substantial funds to combat a disease affecting 35 million people worldwide. The event also highlights the growing trend of using iconic artworks as fundraising tools, leveraging Picasso’s universal renown to attract global attention and donations.