A lower lot of a school (a hell of a lot like walmart where they also hang out) where rednecks hang out with there friends until they find a place to drink or do something better.
Ex.1 Those boys always hang out in the lower lot on weekends.
Ex.2 Zach: Hey, you goin to lower lot after school?
Matthew: Yea i ain't got nothin better to do.
Zach: Yea we'll try an get some bud light and go up to the house and party.