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Ebonics.
1.) To play basketball.
2.) Living in affluence/wealth.
(Using the word in a coherent, non-ebonics sentence) He called me up and told me he was ballin, but I later found out he was cheating on me.
ballin by Ryan Thompson January 10, 2004
"Im still ballin" (im still livin the good life)
ballin by M.O.B. March 22, 2003
Ballin' is a slang for someone hype.

It could either be one of these :

1) To play basketball.

2) One who is in a state of being extremely rich and likes to show off how rich he is.

3) Living the life.
1) That dude is ballin' at Rucker park !

2) He got bling & mad cash ! He ballin' !

3) He owns a Chrysler 300C & a Cadillac Escalade both on 24's ! He Ballin' !
ballin' by YOUNG-DJ June 11, 2006
rollin in mad fortune and fame
that playa is just ballin'
ballin' by j-rob mad fresh April 10, 2010
Living a life of extreme wealth and flaunting it. Sadly enough, young people from not so wealthy families think its cool to blow off thousands of dollars on jewlry and clothes instead of trying to move out of the ghetto and finding a better way of life.
lil' joe is ballin' wit dat phat gold chain and ice.(too bad he spent all of his momma's hidden stash buying it).
ballin by rei February 20, 2005
1) To play Basketball (B-Ball)
2) To live a rich, uperclass life after growing up a poor - ghetto - low class life ; To perform illegal or shady actions to make and/or keep money (not always rich)
"I'm ballin for the money"
Ballin by Outlaw 2 Da Death September 14, 2005