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To be in, or arrive at, a most delectable situation. Also used as an exclamation in the event of a pleasing outcome.

The phrase seems to originate from the Midlands, although it is unknown whether the analogy is to cooking meatballs, or basting one's nether-regions in anticipation of a sexual act.
"Darwin's really got his balls in the butter, he's got himself invited to a threesome."
by darwinator January 25, 2010
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