To have an overly long, or hanging penis.
Not to be confused with thick, or chode-like dicks.
You can be hung but have a thin penis.
Often associated with black men, who on average are larger than white men.
This is often not associated with Asian or Chinese men.
Rakozy: Dude look at colpitts, hes like 10 inches, hes hung like a horse!
TJ: Dude ehlers, you aren't hung dude.