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Urinary bladder. In anatomy, the piss bag is a hollow, muscular, and distensible organ that sits on the pelvic floor in mammals.
"I'm just going to empty my piss bag."
Piss Bag by Criminal Activist November 13, 2007
The large mound of bulging fat just above the clit directly below the navel on a woman. Looks just like another fold of fat located near the vagina.

Some notables with a large "piss bag" would be Rosane Bar and Star Jones
"Dude did you see the nasty piss bag on that chick." "Yes Kip I did and it is nasty."
Piss Bag by Sparky June 1, 2003
Another term for an asshole

Or a woman who is interested in meaningless sex
Hey no ones looking in this alley! "Wanna swing, Pissbag?"
Piss Bag by G Money December 3, 2003
You know you can't trust that piss bag cunt, she sleeps with niggers!
piss bag by Eric April 11, 2005

bag of piss

Come here you fucking bag of piss so i can smash your head in.
bag of piss by badtouch August 1, 2006

Hotter than a hand bag of whores piss 

When it's a bit warm out.
It's hotter than a hand bag of whores piss.