A bag used by people who have too much swag for their body to contain, in which they store their excess swag.
person 1: hey man, can you hold this for me.
person 2: no, sorry man, my hands are full.
person 1: oh what are you holding?
person 2: it's my Swag-Bag.
person 1: my bad man, I always wondered how you were able to have such a high level of swag.
person 2: yeah, I have a swag level over 9000
person 2: no, sorry man, my hands are full.
person 1: oh what are you holding?
person 2: it's my Swag-Bag.
person 1: my bad man, I always wondered how you were able to have such a high level of swag.
person 2: yeah, I have a swag level over 9000
by grd891 July 12, 2013

by C01e August 13, 2015

A goodie bag that contains various useless yet irreplaceable items packed into a dufflebag, usually given at parties or by sponsers. Sometimes just useless house-hold items with a brand-name insignia on them
"Our sponsers left us a Swag Bag full of cool merch, such as one-zie pajamas" - Mark, Real World Road Rules Challenge Challenge
by StealthStorm67 July 21, 2009

A bag of fake drugs that is sold as real to someone thats not too smart. "Before I Go Without A Pack I Swag Pack (aka Swag Bag)
by METX214 November 02, 2015

by Mr.Washy! March 11, 2011

Similar to the phraseIn my Bag, and Swag. Refers specifically to a state of confidence, charm, and luck with the opposite sex. Usually due to dress, attitude, or level of intoxication.
Guy1-"Hey, have you seen Jesse?"
Guy2-"Yeah, he just walked out with that fine ass white girl."
Guy1-"Oh shit, foreal? I saw him fuckin' with that Asian chick on the dancefloor earlier..."
Guy2-"Yeah dougie, he's in his swag bag tonight."
Guy2-"Yeah, he just walked out with that fine ass white girl."
Guy1-"Oh shit, foreal? I saw him fuckin' with that Asian chick on the dancefloor earlier..."
Guy2-"Yeah dougie, he's in his swag bag tonight."
by BigDicksOnDeck May 25, 2011

An improvised condom, often used when an actual condom cannot be found in time.
i.e. Publix bag, Doritos bag, ceram wrap, glove
i.e. Publix bag, Doritos bag, ceram wrap, glove
by 3CMont3 April 30, 2011
