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1.
When your roommate pulls one ball from under his shorts to expose himself and says "Do you like my pheasant egg?"

Could also be used when a male wears loose fitting shorts with no underwear on and a nut falls out, exposing his pheasant egg.
Do you like my pheasant egg?

Look at that nasty pheasant egg hanging out that fat guys shorts...
by jcmbuckeye October 01, 2012