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Party Balls 

Nickname for a man, generally in his early 40's, who is still single and trying too hard to be cool. He is typically a huge Journey fan. He generally stays out way too late, comes home at odd hours and turns on loud music and tries his best to let you know he's a badass who can still party his balls off!
Yo man, I tried to get some rest last night, but Party Balls got home at like 3am and started jamming out to Steve Perry!
Party Balls by PB Dude! March 17, 2011

Party Balls 

The act of dying the pubes on your balls all of the colours of the rainbow, so much, that it makes you cum different colours, while having a bit of cake frosting underneath them.
My girlfriend is trying to convince me to try having party balls.
Party Balls by SkewedCakepopBalls February 28, 2022