A sexual term. Performing a South Dakota Bottle Rocket involves positioning the female on top of the upward facing male. The male then proceeds to masturbate with his thumb sticking out, allowing for mutual pleasure. Used in order to achieve orgasm without actual penetration.
My girlfriend's got syphilis. I don't want to catch it too, so I just give her the ol' South Dakota Bottle Rocket.
A thing, or person that is today's hot item and is gone tomorrow. From the way a bottle rocket shoots into the sky goes bang and is gone. A one hit wonder.