Purple Rain is the name of two popular mixed drinks. The most common one is a highball Long Island Iced Tea with Chambord instead of the Triple Sec and Lemon-Lime soda instead of the cola. The other drink is a long island cocktail made from vodka, lemonade, blue curacao and grenadine. Prince and the Revolution produced an album by the name Purple Rain. It is the soundtrack for the movie with the same name. The most common interpretation of the song Purple Rain is to face your problems then work through them.