A person who says he is a gangsta,dresses like a gangsta, pretends he's a gangsta, (A FAKE GANGSTA) OR A gangsta that doesn't make money, keeps comin in and out of jail, and never makes any money.
A person who wishes to be born and raised into a ghetto, yet has no ghetto or "gangsta" backround or mentallity, hence the name wanksta rather then gangsta.
say dat u a gangsta bu u neva pop nuffin pay a nigga to do it so u can tell the cops sumthin 187 your unit hecterlin n drop sumthin you hear the cops commin 5-0 stop frontin
Tah-murda (u a wanksta)