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1.
A fail achieved whilst intoxicated on Jagermeister
He was dancing last night.. Jagerfail
by MrE84 July 24, 2009
 
2.
when you have too many jagers the night before and it causes a feeling of general apathy often accompanied by several very pungent doses of the shits.
Dude sorry I am late for breakfast, had a bad case of jagerfail this morning after all those free bombs last night.
by reckless-abandon September 16, 2011