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Reading: €100 Ticket Turns Into €1m Picasso Masterpiece for Lucky Winner
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The News Ink > Blog > Beauty & Fashion > €100 Ticket Turns Into €1m Picasso Masterpiece for Lucky Winner
Beauty & Fashion

€100 Ticket Turns Into €1m Picasso Masterpiece for Lucky Winner

Dowry Lane
Last updated: April 15, 2026 7:56 am
Dowry Lane
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Picasso painting of a woman displayed in an art gallery with visitors observing it.
A charity raffle offers a rare chance to win a valuable Picasso painting while supporting Alzheimer’s research.
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A lucky winner has taken home a rare painting by Pablo Picasso worth more than €1m after buying a €100 raffle ticket for charity.

Ari Hodara, a 58-year-old engineer and art enthusiast, discovered his win during a video call from Christie’s in Paris. At first, he struggled to believe the news and even questioned whether it was a prank.

The raffle sold over 120,000 tickets, each priced at €100, raising approximately €11m for Alzheimer’s research. This initiative forms part of the “1 Picasso for 100 euros” campaign, launched in 2013 to support charitable causes.

This year’s prize, titled Tête de Femme (Head of a Woman), is a 1941 artwork created in Picasso’s distinctive style. The piece portrays Dora Maar, who was both the artist’s partner and muse.

Hodara said he bought the ticket by chance just days before the draw. Despite low expectations, he expressed excitement about owning such a valuable artwork, especially given his passion for painting.

French journalist Peri Cochin organised the raffle with support from Picasso’s family and foundation. She noted that the winner being based in Paris makes it easier to deliver the artwork.

The funds raised will be split between the painting’s owner, Opera Gallery, which will receive €1m, and the France Alzheimer’s Research Foundation, which will use the remaining amount to support research.

Previous raffles have also supported global causes. The first edition in 2013 funded preservation work in Tyre, while the 2020 edition supported sanitation projects in parts of Africa.

This unique initiative combines art, philanthropy, and chance—offering participants a rare opportunity to own a masterpiece while contributing to meaningful causes.

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