An international raffle organized by the French foundation Recherche Alzheimer is offering participants the chance to win an original Picasso valued at roughly €1 million by purchasing a €100 ticket. The drawing will take place at Christie’s in Paris on April 14, 2026, with up to 120,000 tickets available online to raise research funds.

Proceeds will be directed entirely toward scientific projects focused on Alzheimer’s disease. The initiative has the support of both the Picasso family and the Picasso Foundation, and marks the third iteration of this fundraising model, following earlier editions in 2013 and 2020.

This year’s prize is a 1941 portrait of Dora Maar, Tête de femme (“Head of a Woman”). Should ticket sales fall short of covering the value of the work, organizers have stated that all participants will receive a full refund.

Founded in 2004 by French physicians Bruno Dubois and Olivier de Ladoucette, Fondation Recherche Alzheimer bills itself as the leading funder of Alzheimer’s research in France, having provided some €29 million in funding to more than 40 research teams throughout Europe. It will use the proceeds of the latest raffle to fund research into the causes of the disease, develop new treatments, and improve quality of life for patients and their families. Some 35 million people worldwide are living with Alzheimer’s, says the organization, which notes that by 2050, the number of cases could double, according to projections from the World Health Organization (WHO).

Credit: Summary and condensation based on the original report by Brian Boucher for ARTnews (December 10, 2025, 1:57 p.m.).

Source: https://www.artnews.com/art-news/news/picasso-global-raffle-alzheimers-research-christies-1234766070/