TPIT Share definition Flag Trailer Park Ice Tea. A drink made from mixing watermelon vodka, parrot bay rum, parrot bay pinapple rum, tampico friut punch and dry ice We made TPIT for new years and i got so drunk i couldn't feel my lips. TPIT by ray ray the KJ January 13, 2008 0 0 Get merch Get the TPIT mug. Buy Now — $32.95 See more merch