For Alzheimer research Charity raffle in France offers chance to win €1m Picasso for €100

Ina Molakava
On 14 April, the French Alzheimer Research Foundation will host a raffle in which a €1 million Picasso painting will be awarded to one participant who purchased a €100 ticket.
Pablo Picasso's 'Guernica' depicts the horrors of a 1937 bombing during the Spanish Civil War
Pablo Picasso’s ‘Guernica’ depicts the horrors of a 1937 bombing during the Spanish Civil War
© AFP/File

In Paris, a €100-ticket raffle is offering participants the chance to win a Pablo Picasso portrait, with proceeds going to Alzheimer’s research. The draw will take place on Tuesday, 14 April at 6 pm local time, and will be streamed live for public viewing.

Pablo Picasso, "Tête de Femme", 1941, Gouache on paper, 38.9 x 25.4 cm | 15.3 x 10 in
Pablo Picasso, “Tête de Femme”, 1941, Gouache on paper, 38.9 x 25.4 cm | 15.3 x 10 in
© Opera Gallery

The prize is Tête de Femme, which comes from collections of Opera Gallery and which is a 1941 Picasso portrait painted in Paris depicting a stylised, distorted female figure in muted greys and blacks, valued at around €1 million.

Organisers say ticket sales are capped at 120,000, potentially raising up to €12 million if fully sold out, with all funds donated to the Fondation Recherche Alzheimer.

From Monday, Christie’s Auction house in Paris will exhibit the artwork ahead of the draw, giving the public a final opportunity to view the piece in person.

This marks the third edition of ‘1 Picasso for 100 euros’ draw. In 2013, one participant had the chance to win Picasso’s L’Homme au Gibusm and the 2020 raffle involved the painter’s Nature Morte, another iconic painting.

The Fondation Recherche Alzheimer is France’s leading organization dedicated to Alzheimer’s disease and related disorders research. It has invested over €29 million in scientific projects and currently supports approximately 195 researchers around the world.

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