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Anything legitimately obtained for free that one would normally have to pay money for.

Not to be confused with the five finger discount.

Originated by attendees of E3, where the elusive "Package 5" is given out for free to "qualifying members of the gaming industry" through some arcane and secretive decision-making process by the E3 registration staff. Ordinary proles must pay several hundred dollars for the privilege of attending E3, but many apply for Package Five in the hopes that the gaming gods will smile upon them that day and grant them entrance without sacrificing their first-born.
"Hey, that's a nice phone. I got the same one for $150."
"You paid for it? I got a friend at a celphone company that got me a package five deal for it."
by toma levine March 12, 2004
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