The droopy rabbit is where a man pulls his pants down and moons another person while he sticks a carrot up his anus and pulls his balls around so his testacles hang around the carrot. The resulting looks like a rabbit head, with droopy ears, eating a carrot.
I think your gonna give me the droopy rabbit
I have a droopy rabbit
I want a droopy rabbit
I think i need a droopy rabbit tonite
I need to feed my droopy rabbit tonite