€1m Picasso Raffle for €100 to Fund Alzheimer's Research

The Alzheimer’s Research Foundation in France has launched a charity raffle offering a genuine Picasso painting as the grand prize. The artwork in question is Tête de femme, a portrait created in 1941.

Valued at over €1 million, the painting is being offered to a single winner for a ticket price of just €100. This initiative bridges the gap between high-end art collecting and public philanthropy.

Proceeds from the ticket sales are dedicated to funding research into Alzheimer’s disease. This condition is identified as one of the leading causes of death and disability on a global scale.

Pablo Picasso is widely recognized as one of the most influential artists of the 20th century. His works are consistently ranked among the world's most expensive art, often selling for more than $100 million at auction.

The Alzheimer’s Research Foundation has officially announced the raffle of a significant art piece. The prize is a portrait titled Tête de femme, painted by Pablo Picasso in 1941.

The estimated market value of this painting exceeds €1 million. This places the work firmly in the category of high-value art, typically reserved for elite collectors and auction houses.

However, the foundation has structured the entry mechanism to be highly accessible. A single ticket costs €100, granting participants from anywhere in the world a chance to win the masterpiece.

The initiative serves a dual purpose: making world-class art accessible to the general public and raising substantial funds for medical research. The raffle represents a departure from standard commercial art sales.

Pablo Picasso is the artist behind the raffled portrait. He is widely acknowledged as one of the most influential figures in 20th-century art.

His artistic output is consistently ranked among the most expensive in the world. At major auctions, paintings by Picasso frequently command prices exceeding $100 million.

The specific piece being raffled, Tête de femme, dates back to 1941. It represents a valuable asset that has been made available through this charitable lottery.

By offering a Picasso, the charity ensures high interest in the raffle. The artist's reputation for innovation and influence adds significant weight to the prize.

The primary objective of the raffle is to support the Alzheimer’s Research Foundation. The funds raised will be directed toward scientific efforts to combat the disease.

Alzheimer’s disease is a major global health issue. It is cited as a leading cause of both death and disability worldwide.

Proceeds from every €100 ticket sold will contribute directly to this cause. The raffle leverages the allure of fine art to drive donations for medical science.

This approach allows the foundation to reach a broad audience. It transforms a standard donation request into an engaging event with a high-value incentive.