Pastime carried out by females or males of the general public and or celebrities. The act of masturbation by a man or a woman thinking of a subject or persons being "topical"/ current i.e. in the news and or media at the time of the masturbation/wank act.
during the Wimbledon tennis tournament (2week period), if wanking in the morning, one might say:
"i woke up this morning and had a topical wank whilst thinking of Serena Williams nailing Tsvetana Pironkova with a strap on cock in a lesbian love fest.
"i bashed one out last night during the news to that Russian spy Anna Chapman. It was a deeply satisfying topical wank".