Phrase for claiming one's portion of a sack of marijuana, or hits from the joints rolled from it, typically one quarter of a twenty dollar portion. Also means to have a stake in, or some control of, a situation.
Nigga, I got five on tha twenty sack - Snoop Dogg, 'What's My Name?'
Guy:I got 5 on it, I got 5- What you got nigga?
Guy2:Damn I think I got two bucks in my sock nigga
Guy:Well thats that-
Guy2: Fuck it, I think I got 3 bucks in my backpack, enough to get a fat sac.
"I got five on it" is a statement from the Luniz. They were a rap duo from the yay area. The term means i got five on: that sack, that bottle, that BLUNT... hahaha
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.