Abstract: The three-dimensional picture includes a transparent substrate carrying, on a top surface, periodically spaced, non-transparent lines of a predetermined width and carrying, on a bottom surface, an underlying picture formed by a lenticular process. The underlying picture has a plurality of lenticular planes and the non-transaprent lines are positioned substantially parallel to the lenticular planes. The underlying picture could have a multiplicity of vertically spaced, multiple images of an object. If the three dimensional picture is translucent to light, it can be mounted on a light box. When the substrate is flexible, the three dimensional picture can be incorporated into magazines or other promotional materials.