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1.
A shot of an alcoholic beverage to celebrate the humiliating death of Osama bin Laden, the founder of the terrorist group al-Qaeda, at the hands of the United States Naval Special Warfare Development Group, informally known as Navy SEAL Team 6, of Joint Special Operations Command on May 2, 2011 during "Operation Neptune Spear". Nearly always accompanied by damning "toasts" expressing either disparaging remarks against Osama and/or celebration over his violent death or his current status as fish food in the North Arabian Sea.

May be used once upon first hearing of Osama's death, or any number of instances afterward, often as a replacement of more generic toasts such as "cheers" or "bottoms up." The later often makes reference to the fact that you have already drank to Osama's demise in the past, but you're doing so again because he is, after all, still dead.

Variants on this include a "bloody bin laden shot" which consists of a clear (ex; vodka) Osama bin Laden shot followed by a chaser of anything red, with a toast making reference to his bloody death and sea burial.

Note that Osama bin Laden shots, including any variants, and any accompanying toast become unusable in the event that Osama comes back as a zombie or something.
Example 1:
American: Osama bin Laden shots?
Other American: Is he still dead?
American: He is still dead!
Other American: To bloody bin Laden in a watery grave!
American: I hope a hermit crab makes a home out of his skull.

Example 2:
American: Osama bin Laden shots?
Other American: Naw dude, can't. Don't you watch the news? He came back as a zombie.
American: Oh....wait..what?
by WALRUS Team 6 June 04, 2011