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Italian woman wins Picasso painting worth 1 Million Euros in lucky draw

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Italian woman wins Picasso painting worth 1 Million Euros in lucky draw

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A €100 ticket scoops ‘incredible’ 1921 still life oil painting by Spanish master, reports The Guardian.

Claudia Borgogno summed up her amazement in one word: incredible

An accountant by profession, her son bought her a €100 raffle ticket as a Christmas present. Little did they know that the ticket would end up winning them a Pablo Picasso oil painting worth €1 million. “I have never won anything before,” said the 58-year-old told from Ventimiglia, in north-western Italy.

When luck is on your side

The ticket was picked in an electronic draw at the Christies auction house in Paris. The auction house had valued the painting at €1 million. However, David Nahmad – the billionaire who had provided the piece was certain it should be worth at least twice or thrice that amount. Raffle tickets were bought in more than 100 countries, with the main customers being in France, Switzerland, the United States and Italy.

About the painting

The painting, which is signed Picasso, shows a newspaper and a glass of absinthe on a wood table. He painted it in 1951.

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