It means more than one, instead of being tipsy, or buzzed, that happens when drinking alcohol. fliptipted means your on something else as well. You can be drinking and smoking at the same time. It's so guys can use the terms as well and not sound stupid if they say tipsy. But anyone can use it.
"Hey man I'm feeling a little fliptipted , I think I took too much. "
"Maybe I shouldnt drive I'm feeling too fliptipted to be trying to drive straight. "
"Damn girl I feel a little fliptipted, let's go to that party! "
"I get fliptipted and I'm sippin on my lipton, got me feelin all lifted, kinda twisted. "
Accidentally losing conrtol of ones penis while urination is occuring. This can result it spraying urine all over the guy next to you. It is often caused by someone screaming into your ear when you least expect it.