When someone fails in an extremely badass way especially if someone or thing falls as a result! Can be good or bad...
Guy 1: Hey did you hear about how Joe tripped out his window doing a trick on his board

Guy 2: Haha Nice! Tripitaka Ftw!!

Another Example-

Guy 1: (shoots down heli on BFBC it falls on his building before he dies he yells) Shit!!! Tripitaka!!!
by Pantomino G. September 05, 2011

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