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An extension of the word "wanker" meaning a wanker that wanks a wanker while wanking. Commonly used as an insult amongst Australians.
Sean: "Hey Luke, guess what?"
Luke: "What?"
Sean: "I g0tz phr33 st00phs!"
Luke: "...Wankulator."
by CoolStoryTeller March 20, 2010
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