This is something you say when you want to say one word however 1 is not enough, so say 4 swears in one.
use it when you are pissed off. Or just to shock.
bunny: I missed the bus, oh cunty-bollocking-arse-wank!!!
Mummy: you are a girl and girls dont swear.
Bunny: CUNTY-BOLLOCKING-ARSE-WANK!!!!!!
Mummy: (face palm and blushes), DISGRACEFULL!!!
Bunny: what, girls do swaer :-).
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.