illers magillers 

A situation or thing favorable to those involved.

Guy 1: He just beefed you, bandana match that shit.
Guy 2: Bandana matches are illers magillers guy.

illers magillers by P-Omes May 11, 2004

Illers Magillers 

Used to describe a situation which is favourable or desirable. Variations include sickers magickers and coolers magoolers.

Person1: Peters is on duty tonight, thats illers magillers.
Person2: No he's not.
Person1: That's a joke magoke, i'm gonna tweak mageak.

Illers Magillers by mayer guy May 10, 2004