1. A burnout of a burnout. 2. A dregg who's eyes are cased with the dried tears of their life, as they've realized all their dreams are unattainable except for the drinking part.
I got an idea! Lets go knock around some wastoids.
by cakes June 11, 2003
One who gets wasted.
I had about 18 beers last night. I was such a wastoid.
by Hu_Jia August 17, 2006