To be in a situation that is ironically not as easy as a picnic.
"I just tried to get on my boyfriend's back for a piggy back ride, I jumped right over his shoulders and landed on my face. PICNIC LIFE!"

"My boyfriend clicked over on a phone conversation with me, and accidentally conferenced the two calls, I heard him making plans with his OTHER girlfriend, PICNIC LIFE!"
by nomnomtown January 14, 2010
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An overpriveleged life of leisure and play, with little to no responsibility
Duchess Kate leads one giant picnic life: she makes about 50 official appearance per year. She spends the other 315 days in Anmer Hall having a picnic with Prince George and Princess Charlotte.
by Skyler Ann December 30, 2016
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