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.
This event highlights a unique model of art democratization and philanthropy, allowing high-value masterpieces to bypass traditional private sales in favor of charitable causes. By leveraging Picasso's global market appeal, the organizers continue a successful trend of '1 Picasso for €100' raffles that have previously raised millions for international humanitarian and cultural projects.