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Can mean anything a person wants it to mean. You could use it as an insult, a compliment, exclamation, and anything else. Mostly used as sexual meanings though. Such as a vagina, penis, and cum.
Clarissa: Punchunga!

Carol: I'll punchunga all over your face!
Clarissa: My punchunga is bigger than yours!
by xxStarrr April 11, 2011
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