when you put a girl on her hands and knees and have sexual intercourse until you both ejaculate at the same time and creates a clog in both the vagina and penis urethra making the sexual organs cripple for a few days until the clog is fixed
John: "mate lets go out and get laid tonight"
Nick: "na cant mate, she hit me with the donkey nut buckle last night"
John: "..."
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.