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Hillbilly Margarita 

Buying a popular brand of water ice,(i.e. Ritas') and adding tequila. Thus saving the hassle of using a blender.
We couldn't afford to go to the bar, so we stayed home and made hillbilly margaritas.

McHenry Margarita 

Alcoholic drink. Bourbon and cola with a splash of peach shnapps. Drink of choice of many from the McHenry area.
Hey barkeep, we want to get plowed! How about some McHenry margaritas?
McHenry Margarita by rapidrowe September 19, 2012

The Margarita Treatment 

When a girl takes a shot of tequila, sucks a lime slice, then kisses a pile of salt to put it around her lips. She then gives a blowjob to a guy. Results will vary, but should produce a wicked lovely burning pleasure.
"Hey baby, would you like to get The Margarita Treatment?"

Bongwater Margarita 

A Bongwater Margarita is when you pull so hard that water covers the rim (mouth piece) of the bong, similar to salt on the rim of a Margarita.
Ty: damn this is like a Bongwater Margarita...
Riley: did you get it all over the rim?
Ty: yeah and it was nasty as fuck

Miami Margarita 

When you line the rim of your butt-hole with iodized and/or pink himalayan salt to be licked off by any and all participating parties.
"I went in the bathroom and saw she had the baby wipes out, and I knew after that the Miami Margarita was an affirmative."
Miami Margarita by ResoluteRadio September 1, 2017