The act of one fag jerking off another fag until his dick is really red, and then the red dick fag blows the other until he shoots his load all over the tip of the red dicked fag's penis, therefore sort of resembling a Santa hat.
HO! HO! HO! There won't be any cookies this year but there sure as hell will be a lot of milk! Yum yum yum!

"What do you want for Christmas, little Joshua?" "I already have my two front teeth, but I would sure like a Santa hat!"
by Saklickr1414 December 3, 2006
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A low dangling scrotum with a pin sized penis
Your penis is a santas hat
by TVandchairs December 25, 2014
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When one jacks off into a Santa Claus hat and then puts it on his wife's head at the family breakfast on Christmas Day.
Person 1: "Why are you showing up on my doorstep on Christmas Day."

Person 2: "Beacause I gave my wife a Soggy Santa Hat at breakfast."

Person 1: "Oh not good!"
by Hey Jack December 11, 2014
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When Christmas Eve comes and you and your lover have great hot sex and the male proceeds to finish in a santa hat that the lover wears at breakfast at Christmas morning
This Soggy Santa Hat is the symbol of our love for Christmas
by Anal Tornado December 12, 2014
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you fuck a girl on here period, pull out and nut on her clit, the end results that it looks like a santa clause hat
Jimmy and I brought two females back to his place from a bonfire saturday night jimmy's girl was on here period so he fucked her anyways and gave her a santa clause hat
by freshdiamond February 18, 2009
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