A Parisian man won a Pablo Picasso painting valued at approximately $1 million after purchasing a raffle ticket for 117 euros, organizers announced Tuesday. The drawing took place at Christie’s auction house in Paris as part of the third edition of the “1 Picasso for 100 euros” lottery.

The winning artwork is “Head of a Woman,” a gouache-on-paper portrait created by Picasso in 1941. The subject of the piece is Dora Maar, the artist’s longtime muse and partner. The raffle was designed to make high-value art accessible through low-cost tickets, with proceeds typically supporting charitable causes.

Ari Hodara, 58, expressed disbelief upon learning of his win and questioned the authenticity of the notification when contacted by organizers shortly after the event. Hodara remarked on his surprise over acquiring a masterpiece with such a modest investment.

The lottery has gained attention for offering rare opportunities to collectors and art enthusiasts to obtain significant works outside traditional auction channels. While the painting’s provenance and legitimacy have been confirmed by Christie’s, some observers highlight the unique nature of acquiring a world-renowned artist’s work through a chance-based drawing, noting it contrasts with typical art market transactions.

This most recent event follows previous successful lotteries under the same initiative, reinforcing its appeal among participants eager to engage with fine art in novel ways. The winning ticket was purchased in the Paris metropolitan area, where the event and drawing were held. The organizers intend for the scheme to continue, potentially featuring additional notable artworks in future raffles.