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A container (commonly a bag, sack or parcel) containing various items of an awesome or highly desirable nature. Often obtained as the result of a competition.

See: cabin baggage
"Check out this wicked Swag Pack I just won!"
by NCRaw June 29, 2016
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One of those backpacks with the rope ties, they often come with a pair of nike cleats.
Guy 1: "Yo are you bringing your backpack to the fieldtrip tomorrow?"
Guy 2: "Nah im just bringing a swagpack"
by shane202 October 16, 2013
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