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Schwag Bag 

A form of plastic bag frequently used for the sale of cheap marijuana. Characterized by the lack of a Ziploc-style seal, the closing of these bags involves licking. Often seen scattered sporadically in the homes of marijuana-smoking individuals.
"This schwag bag is filled with some ugly ass seeds, looks like you got some of that Bobby Brown"
Schwag Bag by dr jackson September 14, 2009

Swag Bag 

A goodie bag that contains various useless yet irreplaceable items packed into a dufflebag, usually given at parties or by sponsers. Sometimes just useless house-hold items with a brand-name insignia on them
"Our sponsers left us a Swag Bag full of cool merch, such as one-zie pajamas" - Mark, Real World Road Rules Challenge Challenge
Swag Bag by StealthStorm67 July 21, 2009

shag bag 

Loose woman; bike; slut; slag
shag bag by cracky March 1, 2003

shag bag 

A Shag Bag is a rucksack or other small bag which contains condoms and sex toys to be handy at any time and any place.
Let me reach for my shag bag, baby!
shag bag by Anonymous April 24, 2003

Swag Bag 

A bag of fake drugs that is sold as real to someone thats not too smart. "Before I Go Without A Pack I Swag Pack (aka Swag Bag)
Lame Ass Nigga Tried To Come To The Spot And Score Somthing, So I Sold His Dumb Ass A Swag Bag
Swag Bag by METX214 November 2, 2015

Shag/bag/rag 

A variation of the game, Marry/shag/cruise

you are given three people and have to choose which one you want to shag, bag (be naked in a bag with them for an hour) or rag (suck a rag that they have wiped their arse with.
SARAH: shag/bag/rag, Harry Potter, Rick Waller, and your mum

ABBEY: EWWWW. Gonna' have to shag Potter, bag waller, and rag my mum

RADISH: ewwwwwww u bagged Rick Waller

CHARLIE: ewww you ragged your mum! But congratz on Potter (Y)
Shag/bag/rag by elizabeth1992 August 28, 2009