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The state of having a soft, flaccid penis.

Dick wilt typically occurs post ejaculation and the penis wilts from stiff, rigid to semi and soft.

May also be caused by whiskey dick.
I drank too much. I got Dick Wilt and can't perform.

That bitch is so nasty she gives me Dick Wilt.
via giphy
by Tugg N. Harder April 24, 2017
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