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1.
The nastiest thing to ever be invented. Deep fried cheap cherry drink. Even worse than fried pickles and fried Oreos.
Girl 1: Hey, Snooki, you wanna try that new Fried Kool-Aid at the fair?

Snooki: Yeah, just let me finish my fried pickle first.
by Jellyfisher June 19, 2011
 
2.
A favored drink amongst the African American Community.
Hey Bro! I don't want no fried chicken...give me some of that fried koolaid!
by Lamarcus! July 06, 2013