Guy Gets $1M Picasso for $140

US raffle winner plans to hang it on his wall

By Rob Quinn,  Newser Staff

Posted Dec 18, 2013 11:14 PM CST | Updated Dec 19, 2013 7:03 AM CST

(Newser) – A lucky American art fan who had been looking for something new for his wall now has a $1 million Picasso to fill the space. Jeffrey Gonano, project manager at a fire sprinkler firm, was among 50,000 people who bought $140 tickets in a raffle for the artist's 1914 "Man with Opera Hat," a small drawing from the artist's Cubist period. "I was looking for art and I thought I might as well," Gonano tells Reuters. The raffle, which had the blessing of Picasso's grandson, raised funds to help save the ancient Lebanese city of Tyre.

Picasso's 1914 Cubist drawing L'homme au Gibus, Man with Opera Hat, is presented at Sotheby's auction house in Paris.
Picasso's 1914 Cubist drawing L'homme au Gibus, Man with Opera Hat, is presented at Sotheby's auction house in Paris.   (AP Photo/Remy de la Mauviniere)
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