This means being smashed or hammered after drinking. However, you have to be the fun kind of drunk to be schmegeggled. If you are any other type of drunk you are not schmegeggled. Schmegeg(s) for short and Schmegeggled or Schmegegged for past tense.
Thomas is sitting on my bed with his dick out, eyes closed, talking to himself about Four Lokos. Schmegeggles? No. Not Schmegegs. When the T-cock disappears, we'll talk.
by bossmastaboss September 23, 2010