1. an occurence of an extreme disappointment.
2. drawing the short straw.
3. occures when you are completely screwed over i.e. dos sabados para change purse mexicana.
Winfrey got shafted when the school ran out of food.
Joe got shafted with a pair of scissors.
My algebra 2 teacher shafted me out of passing, i was shafted by her cuntage (see cuntage)