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Italian wins Picasso in French raffle

By AAP Newswire

An Italian woman has been identified as the lucky winner of an oil painting by Pablo Picasso that was offered up in a charity raffle.

Raffle organisers identified her as Claudia Borgogno.

Her winning ticket was picked out in an electronic draw at the auction house Christie's in Paris.

Organisers valued the painting Nature Morte or Still Life, as being worth 1 million euros ($A1.7 million).

"Claudia has won this extraordinary painting tonight that is worth one million and so is a millionaire," organiser Peri Cochin announced after the winner's name and winning ticket number were displayed on a screen.

The 51,140 tickets sold for 100 euros each. Proceeds are going to provide water for villagers in Madagascar and Cameroon.

Organisers said the winner ticket was initially bought by someone else in Italy in December and then seemingly given as a gift to the eventual winner.