The act of inserting the nozzle of a whipped cream can into an anus and proceding to diarrhea in the form of a vanilla and chocolate twist cone into someones mouth.
Rich: Hey Brent, how did your date with Melanie go last night?
Brent: Really well. She was pretty kinky so I gave her a whipped cream twist cone.
Rich: Can't go without dessert.
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.