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Picasso Work, Valued At $1 Million, To Be Raffled Off

In an effort to raise money to save the ancient and historical city of Tyre, Lebanon, French TV host Peri Cochin has teamed with Olivier Picasso, Pablo Picassos grandson , here posing with the painting entitled LHomme au Gibus or Man with Opera Hat in New York December 3, 2013, to create a lottery like none before. The UNESCO-registered charity has issued 50,000 tickets at 100 euros ($135) each for the first-of-its-kind tombola on December 18 at Sotheby's in Paris, hoping to raise $5 million. It wants the money to develop a traditional handicraft village giving young people, women and the disabled jobs in Tyre and to set up an institute for Phoenician studies in Beirut. AFP PHOTO / TIMOTHY CLARY (Photo credit should read TIMOTHY CLARY/AFP/Getty Images)

In an effort to raise money to save the ancient and historical city of Tyre, Lebanon, French TV host Peri Cochin has teamed with Olivier Picasso, Pablo Picassos grandson , here posing with the painting entitled LHomme au Gibus or Man with Opera Hat in New York December 3, 2013, to create a lottery like none before. The UNESCO-registered charity has issued 50,000 tickets at 100 euros ($135) each for the first-of-its-kind tombola on December 18 at Sotheby’s in Paris, hoping to raise $5 million. It wants the money to develop a traditional handicraft village giving young people, women and the disabled jobs in Tyre and to set up an institute for Phoenician studies in Beirut. AFP PHOTO / TIMOTHY CLARY (Photo credit should read TIMOTHY CLARY/AFP/Getty Images)

The cost for each person to enter: 100 Euros, about $135 in U.S. dollars. For more information about the charity-related drawing of Picasso’s “Man with Opera Hat,” click here.