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A phrase used in celebration. A slight modification of the term "Whammy" in which "Wambo Jambo" is used to one-up "Whammy".
Guy # 1: "Hey - that turbie is taking her shirt off"
Guy #2: "Whammmmmmy"
Guy #3 "Wambo Jambo"
by Jimmy McCrabs October 15, 2009
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