When you're very drunk and so hard up for a piece of ass and/or piece of cock that you're about a midget's throw away from making out with anyone or anything.
If you act upon being hornywasted you'll most likely end up regretting it tomorrow.
It may or may not involve severely lowering your standards and/or drunk dialing an ex.
"I sooooo hornywasted. I sooooo want to drunk dial my ex. What to do?"
"To don't. Take it easy sleezy."
"You're right. I guess that's a pretty big to don't. It's probably all that mad dog 20/20 talking."
When you fail at something in life (eg. failing an exam or not getting a job), go home and spend an hour just standing in the shower, propping yourself up against the wall with your eyes on your feet.
Caleb knew the only thing to do after he didnt get prefect was take a failure shower.