For most people, owning one of Pablo Picasso’s drawings is as distant a dream as winning the Powerball jackpot. But statisticians should take note: The odds of winning last month’s Powerball payout were 1 in 175.2 million. Winning a Picasso drawing? This year, the odds are set at 1 in 50,000.
The International Association to Save Tyre, established to protect the UNESCO World Heritage site on the southern coast of Lebanon, is raffling off Picasso’s 1914 cubist drawing “L’homme au Gibus” (“Man With Opera Hat”) to raise money for research and projects at the protected ancient city. At the raffle’s Web site, 1 Picasso for 100 Euros, the association is selling 100-euro tickets, capping the lottery at 50,000 tickets. The lottery is authorized by Sotheby’s and the Picasso Administration in France. The association launched the raffle in March and is promoting it in Washington, kicking off its U.S. digital campaign at the National Press Club on Wednesday.