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A celebration in which people drink nonstop from the Beginning of July to the beginning of September. It is believed to celebrate the transition between July and August.

Alco (Alcohol) Jul (July) Aug (August) apallooza (A fucking party)

This is usually a massive celebration that you usually will not remember a thing from, and you will wake up with a 6 foot water hose, naked, wearing rubbermade gloves, trying to figure out where the last 2 months of your life went.
1.Happy Alcojulaugapallooza, you mother Fucker!

2. Dude, what month is this... fucking Alcojulaugapallooza
by Nate75098 November 02, 2009
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