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Engineer Wins €1M Picasso in Charity Raffle for Alzheimer's

4/17/2026

41 9 Full Breakdown

Summary

Story summary

Ari Hodara, 58, a software engineer, won a Picasso painting valued at over €1 million through a €100 charity raffle for Alzheimer's research.
The raffle, held on April 14 and organized by French producer Péri Cochin, sold 120,000 tickets and raised €12 million.
Hodara initially doubted the legitimacy of his win but plans to keep the artwork.
The Picasso foundation will soon launch research initiatives across Europe and North America.

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Story summary

Ari Hodara, 58, a software engineer, won a Picasso painting valued at over €1 million through a €100 charity raffle for Alzheimer's research.
The raffle, held on April 14 and organized by French producer Péri Cochin, sold 120,000 tickets and raised €12 million.
Hodara initially doubted the legitimacy of his win but plans to keep the artwork.
The Picasso foundation will soon launch research initiatives across Europe and North America.