Want to win a €1m Picasso? Buy a €100 raffle ticket in painting prize draw – The Art Newspaper

Got a spare €100? Don’t indulge in soft furnishings or a fancy meal but instead buy a raffle ticket that could bag you a Picasso apparently worth more than €1m. The charitable initiative 1 Picasso for 100 Euros is back for a third edition, offering art-loving punters the chance to win Tête de Femme (head of a woman, 1941) by the Spanish artist, a gouache on paper supplied by Opera Gallery. Péri Cochin, the raffle organiser, told The New York Times that she aims to sell 120,000 tickets, enough to cover the cost of the painting and raise over €11m for Fondation Recherche Alzheimer, France’s leading Alzheimer’s disease research organisation. (Opera Gallery will be paid slightly under €1m after the draw.) If not enough tickets are sold to cover the cost of the painting, all participants will be reimbursed, she said. The lucky winner will be picked on 14 April at Christie’s in Paris.