cheap, scam of a toy in which one first asks it a question, then shakes the "magic" ball to get a sarcastic, witty, answer such as "not a chance" or "don't count on it.
Jane: will i get a pony for christmas?
Magic Eight Ball: try again later
Jane: will i get a pony for christmas?
Magic Eight Ball: try again later
Jane: *chucks across room*
Magic Eight Ball: try again later
Jane: will i get a pony for christmas?
Magic Eight Ball: try again later
Jane: *chucks across room*
by Kohrtni_Lin September 01, 2005