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Poot as in an effeminite fart. and lil as in small. put together its an insult originated by the insane clown posse in their movie Big Money Hustlas and is the Monoxide Child's nickname
Yo he saw Big Stank and said "naw f*** that he aint right. ima give my homie lil poot everythang"
by Manson boy August 17, 2005

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