The scared, panicky feeling you get when you see poop on your dick after you pull it out of a person's ass after anal sex.
Person 1: How was your first time doing anal?

Person 2: It was great, until I got the peanut butter panic.
by deltabeta April 4, 2021
Get the Peanut Butter Panic mug.
The scared, panicky feeling you get when you see poop on your dick after having anal sex with someone.
Person 1: How was your fist time having anal sex?
Person 2: It was great, until I pulled out and I got the Peanut Butter Panic
by deltabeta April 4, 2021
Get the Peanut Butter Panic mug.