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lockport water balloon 

to insert your penis into a rectum and urinate.
jon gave sally a lockport water balloon last night !!!! she came runnin' out of his apartment screaming bloody murder!!!!!

Croatian Water Balloon

The act of pinching ones foreskin while pissing to fill up said foreskin with the piss like a water balloon then releasing it on a sexual partner to their gratification
Dino gave that transvestite the Croatian Water Balloon last night after watching him fuck a donkey

Water Balloon 

When someone urinates in your butt during sex.
I'm going to water balloon that chick later. A nice warm stream right in her butt.
Water Balloon by Missyknowsall September 15, 2009

Chinese Water Balloon 

Two objects, namely one uncircumcised penis, and one other penis gently come together into a tip to tip union. Once touching, the uncircumcised male then proceeds to encapsulate the other mans shaft creating a perfect vacuum seal. Akin to a Chinese Finger Trap, once the seal has been established one of the participants then urinates to create a wee filled water balloon; this is then deposited into the third participants mouth.
Juan and Pablo were both feeling a bit bored so they decided to engage in a Chinese Water Balloon and dump it in Hector's mouth

Ukrainian water balloon 

An uncircumcised man sews his foreskin shut and nuts continuously until the foreskin is full and expands like a water balloon until it pops and the cum splatters everywhere.
Girl:want to try the Ukrainian water balloon

Boy: no I’m circumcised

Water Balloon 

(correct definition) When a girl fills her mouth completely with water and proceeds to suck your dick. You then blow your load in her mouth and give her cheeks a big ole smack and pop that mofuckin water balloon. Hilarity ensues.
I water ballooned my girlfriend because she lost a bet and now she isn't speaking to me but I don't give a shit because I water ballooned her.
Water Balloon by fittNasty April 13, 2009