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1.
Ecstasy, pills. What you take when you go raving. Often cut with stuff you really dont want.
"I love magic beans"
by Ed Barlow October 10, 2006
 
2.
The female clit in a swollen, engorged condition caused by manual or partner stimulation.
Tanya worked her lover Mary's magic bean until Mary exploded in a massive, screaming, squirting orgasm.
by Tanya the Bean Magician July 02, 2009
 
3.
describes little rocks that work better than other little rocks
I want to grow a giant beanstalk, got any magic beans?
Not the kind that bear magical fruit, I toot enough already.
by PseudoHigh February 10, 2012