A daily award which is given out as many times as necessary, to a person exerting extreme retardation. It is usually awarded from a couple of people, known as "D-Bag Judges". These people are not D-bags, but their word is concrete and respected throughout the community.
There are multiple rules a D-Bag Judge must follow, known as the D-Bag Commandments. One such, is that if a D-bag Judge breaks a commandment, then they will be a d-bag.
Sorry, but life's a bitch.
D-bag Judge #1 (in a deep voice): DDDDDDDDDDDDDDDD-BBBBBAAAAAGGGGG!
D-bag Judge #2: I think he got it. What do you think?
D-bag Judge #3: Yep. Dude, you just got the D-bag Award.