1) Traditionally refers to drawing Jack-Deuce as your starting hand, ie. "Jack-Shit"; a bad hand. Although may sometimes be extended to refer to a combination of a Jack with any low value card 2-7, typically.
2) Jack-Shit Poker - A variation on the familiar Seven-Deuce Hold'em. A pre-arranged additional reward is owed by one's opponents if he wins a hand with Jack-Deuce as his hole cards.
Player Y: Nah, I had Jack Shit!
Knee-deep Schitt, Inc.
Jack Schitt married Noe Schitt and they had 6 children: Holie Schitt, The twins; Deep Schitt and Dip Schitt, Fulla Schitt, Giva Schitt and Bull Schitt.
Jack and Noe divorced. Noe later married Mr. Sherlock and because her kids were living with them, she wanted to keep her previous name. She was known as Noe Schitt-Sherlock.
Dip Schitt married Loda Schitt and they had Chicken Schitt. Fulla Schitt and Giva Schitt married the Happens
brothers in a dual ceremony.
The Schitt-Happens children are Dawg, Byrd and Horse. Bull Schitt left home to tour the world. He recently returned with his new bride, Pisa Schitt.
Now, when someone say's you don't know Jack Schitt, you can correct them.
- Yes i do, he's Awe and O. Schitt's son
It's worth jack shit. / It isn't worth jack shit.
I didn't get jack shit. / I got jack shit.