a piece of clothing that you obtain as a result of spending the night at someone's place, or them spending the night at your place.
"Damn...where did you get that serape?

"It's a shack prize from that guy who I met last Saturday at the Cinco de Mayo party. He forgot it when he snuck out on Sunday morning."
by duckling350 November 06, 2005
5 Words related to shack prize

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