THE MEANING OF BLUE AROUND THE GLOBE. 1  In Chinese culture, colors corresponded with the five primary elements, the directions, and the four seasons. Blue was associated with wood, east, and spring. 2  Blue, blue-green, and green are sacred colors in Iran, where they symbolize paradise.
You do need a lottery operating licence if your lottery (raffle) sells over Â£20,000 of lottery tickets in a single draw or Â£250,000 of lottery tickets in a calendar year. Find out which type of operating licence you need, and how to apply.
Nonprofit organizations are required to report raffle prizes if the payout is at least 300 times the amount of the wager and the amount of the prize, minus the wager, is over $600 If this is the case, the organization must file Form W-2G with the IRS, and give a copy to the person who wins the prize.