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The maximum possible reaction, either good or bad. Schlotz is mainly used to describe the manner in which you will react to prospective circumstances. Schlotzing, although not as common a term, can be used in certain circumstances. Schotzed is not to be used.
"If I win the lottery, I'm gonna schlotz."
"If I fail this test, I'm gonna schlotz."
"Man, don't go near him right now. He's freaking schlotzing!"
schlotz by Kyle Gray April 17, 2006
That damn schlotz kicked me with his wooden shoes
schlotz by Rockandrollpart2 September 22, 2004

Schlatze'd

To get drunk beyond a normal amount and behave in a stupid manner. Like shaking a tree and getting arrested or getting kicked out of a basketball arena.
We're going to get Schlatze'd tonight!
Schlatze'd by Gargantula99 May 4, 2010

schlitzkrieg

n.; A focused assault on the night's beers.

A whirlwind drinking binge.

Assumed to be a play on 'blitzkrieg' (meaning 'lightning attack', the term for the WWII German panzer warfare characterized by quick movement, capturing enormous areas of land, and brute force.
"TGIF-- time for a schlitzkrieg."

schlitz shits 

The disgusting shit you get the morning after drinking a lot of cheap beer. It can be identified by the way it comes out all soft and mushy. It may feel like diarrhea but it usually appears like normal shit. Also, you'll need a couple hundred feet of toilet paper.
Whoever had the schlitz shits in the second floor bathroom needs to plunge the toilet NOW.

Beer schlitz

The uncontrollable diarrhea one gets from consuming large amounts of schlitz beer
Dude, don't go in the bathroom for awhile. I had the massive beer schlitz.
Beer schlitz by Milwaukeelover January 16, 2011