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1.
this word is mostly a combination between the words w00t and hooters. Also commonly used in on-line gaming, namely Counter Strike. Jesus used this phrase at least twice.
w00ters!! Did you see the boobies on that chick?!
by Potter April 15, 2005
 
2.
A person or NPC who says w00t! instead of yay, huzzah, hoo-ray, or any other variation of those words.
w00t! I reached lvl 170!
You poor w00t!er...
by w00t!boy March 29, 2009
 
3.
A variation on the internet jargon, "w00t," and the restaurant Hooters. Generally used to describe excessive excitement that appeals to one's personal taste (be it a favorite movie coming to theaters soon, seeing your presidential candidate win, or a sexy article of clothing).
"I just bought this hot new dress, and I'm going to see Obama inaugurated!"

"w00ters!!!"
by Celtic Haiku January 18, 2009
 
4.
w00t, or woot, but then cooler.
person1: I passed my exams!
person2: w00ter! I'm so happy for you!
by Incy January 30, 2006