A fair or Carnival that gives cheap prizes for hard games. Like 99 cents store prizes for a 20 foot basketball hoop throw.
Johnny: Dude! You totally slam dunked that 20 foot basketball hoop!
Cesar: Yup, but I got a Cheap Fair prize. I gave it to Cathy.
Johnny: Good call.
A word invented by the Jonas Brother Nick Jonas, it is his version of the word pwned. In HIS definition, the word must only be used by itself in a sentence.
Don: Man, you beat me in Pacman AGAIN
Don: Ew. Jonas Brothers fan.