
50/50 Panda Pot

The 50/50 Panda Pot will be running from August 17th, 2026 through May 2027. ONE LUCKY WINNER will walk away with half of the 50/50 Panda Pot! The other half of the jackpot supports the students and community here at Nazareth.
Required
- The school is required by law to report non-employee compensation and raffle prize winnings of $600.00 or more paid to an individual in a calendar year to the Internal Revenue Service (I.R.S.).
- Non-employee compensation earnings should be reported on Federal Tax Form, 1099 - NEC. Form 1099-NEC is the form for reporting payments of $600 or more made to nonemployees who don’t do business as corporations.
- When raffle prize winnings, either cash or non-cash prizes, exceed $5,000.00 the school is required to withhold a tax on the prize.
- A W-9 Form will need to be completed by the winner.