American, 25 years old. For 100 euros he can take home a Picasso. – Venderequadri Skip to content

American, 25 years old. For 100 euros he can take home a Picasso.

PARIS - Buy a €100 lottery ticket and take home an authentic Picasso. Despite those who say modern art isn't affordable for everyone, a young American is the winner of an unprecedented Parisian raffle that offered, for €100, an original drawing by the Spanish painter, estimated to be worth €1 million. Oliver Picasso, the painter's grandson, with the work up for grabs in the lottery. (AFP/Timothy Clary) THE WINNER - His name is Jeffrey Gonano, 25, and he's originally from Pennsylvania. The drawing took place yesterday in Paris, at Sotheby's auction house, and was organized by the International Association for the Preservation of Tyre (AIST), a Lebanese city classified as a UNESCO World Heritage Site, an archaeological jewel dating back to the Phoenicians. The painter's grandson, Oliver Picasso, was thrilled with the bid, saying, "My grandfather would have been happy." A Picasso for €100: A 25-Year-Old Wins the Lottery ALL ONLINE - Fifty thousand tickets were put on sale for €100 on a specially created website (www.1picasso100euro.com). The proceeds will be donated to charity and will be used, among other things, to fund the Association's projects, including the creation of an institute of Phoenician and Punic studies in Beirut. Meanwhile, Jeffrey, a project manager for a fire protection systems company, has decided to keep the work at home. "Why did I participate? I wanted a painting to decorate my home, so I thought I'd try my luck."
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