(adj) To be awesome beyond words. Though it is not quite Fergalicious, it still holds its own in many small cirles of scholars. To see in person look no further than "The Annika"
(adj) a beautiful woman that doesnt just crave attention, she fucking gets it where ever she goes, shes a beautiful, confident women that knows she can beat your ass with diamond rings instead of brass knuckles, shes the portrait of utter perfection.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.