Top Definition
A Scottish phrase that translates as "Go and sell your ass". "Raffle" meaning "sell" and "donut" meaning "ass". Said by Craig Ferguson on "The Late Late Show With Craig Ferguson" on May 22, 2008.
McTeagle: Lend me 50 pounds to mend the shed.
McDonald: Away and raffle your donut ya wee girl!
by skrag2112 May 21, 2008

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