Key Points
- A Picasso painting worth $1 million is being raffled for about $117 per ticket to raise money for France’s Alzheimer’s Research Foundation, which hopes to fund major scientific programs focused on understanding and treating the disease.
- The painting, created during a difficult period in Picasso’s life, reflects his emotional state at the time—marked by black and gray tones.
- The raffle aims to raise around $14 million and will take place at Christie’s Paris on April 14, 2026, with a guarantee that participants are reimbursed if too few tickets are sold.
Looking to add a famous work of art to your living room walls? Then you’re in luck.
Tête de femme, a Pablo Picasso painting worth more than $1 million, is being raffled off on behalf of the Alzheimer’s Research Foundation, a French charity that funds research on the progressive brain disorder, with tickets to enter the raffle priced at roughly $117.
The 1941 abstract portrait, whose title translates to “Head of a Woman,” was painted during a period that was “extremely complicated” for Pablo Picasso, his grandson Olivier Picasso told The New York Times, with the painting’s dominant black and gray colors mirroring his unhappiness. At the time, the artist was separating from his first wife, Olga Khokhlova.
The Alzheimer’s Research Foundation is selling a total of 120,000 tickets, priced at around $117 each. The money will fund innovative scientific programs aimed at better understanding the disease, developing new treatments, and improving the quality of life for patients and their families.
The raffle could raise about $14 million. The Opera Gallery, which owns the painting, will be paid a little over a million dollars for the painting from the raffle proceeds. If not enough tickets are sold to cover the cost of the painting, all participants will be reimbursed, raffle organizer Péri Cochin told The Times.
Tickets are being sold exclusively on the foundation’s website. The raffle will be held at Christie’s in Paris on April 14, 2026.
The first raffle organized by Cochin took place in 2013. Picasso’s L’Homme au Gibus raised around $5.8 million to protect Tyre, an ancient Phoenician city in Lebanon. The winner was Jeffrey Gonano, a 25-year-old man from Pennsylvania. “I’m still in shock. It’s still very odd,” Gonano told the Tribune-Review in 2013. “I never thought I would win. I just saw a news article on Yahoo and bought a ticket. I don’t even know why.”