This is an extended masturbation session of gratitude, formed by combining the words "wank" + the German word "danke" for thank you + "thon" from marathon.
Mom: Alright son, I fixed you a great supper. How are you going to thank me?
Son: Mom, I am going to do a wanke-danke-thon in your honor tonight.
Mom: Oh I am flattered!
Son: Mom, I am going to do a wanke-danke-thon in your honor tonight.
Mom: Oh I am flattered!
by SantoshGeorge October 17, 2008
To describe when an individual, or up to a trio of individuals, smoke an ounce or more of marijuana in one session.
by Alex_McSmokestack February 24, 2018