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it's lit 

when something fun is happening or something exciting is happening and you and your friends are turnt up
oh shit, tonight it's lit, there's gonna be a party with a bunch of girls bro!
it's lit by whocares_ May 17, 2015

It's lit 

When your painting a piece and it's turning out dope
Yo this piece is turning out dope, pass the aqua Rusto......it's lit
It's lit by flex master poo May 22, 2016

It's Lit 

A saying that you yell when you are having fun; typically with a group of friends.
I don't know about you but this party......it's lit!
It's Lit by Myquade January 5, 2017

It's Lit 

It's lit
It's Lit by LL_ERA September 26, 2015

It's lit 

To describe a situation as turnt.
A way to describe that you or someone else is fucked up
Bret:"Bro are you high?"
Chad:"Bruh, it's lit."
It's lit by ImDirtyDan11 September 1, 2017

it's lit esketit 

combination of the phrases lit and esketit, with the two words rhyming, creating a harmonious syncing that only individuals with intellectual quotas above 200 will be able to comprehend. the phrase is used to express one's exuberance towards something, as well as to distinguish the genius minds apart from those of peasants.
Gareth: "It's lit esketit"
Ryan: "Pleased to make your acquaintance, fellow intellectual"
it's lit esketit by ryui October 10, 2018