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Pronounced WIG-NOLY - It means that you can wish/ask for whatever you want but you are not going to get it, or at least it is very unlikely.

It is an acronym for the phrase "You will get nothing and like it" which is a variation of the original quote from the Caddy Shack movie where the character Judge Smails says "You'll get nothing and like it!" to his son that was asking for a bunch of stuff from the snack bar.
Statement: "I wish we had peace on earth."
Response: "YWGNALI!"
by Mal X October 23, 2007
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