1. A phrase yelled while throwing an object out of a moving car
2. a phrase said when an individual is about to fight. a reference to "throwing punches"
Example 1.
Passenger: dude i seriously gotta take a massive shit. lemme borrow that cup
Driver: GO TIME FOR THROW TIME!

EXAMPLE 2:
This mofugga slept wit muh girl? aw hell naw bitch. its go time for throw time
by Louie mo-fuggin P-Dah! February 21, 2008
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