A tasty treat consisting of popcorn, peanuts and a caramel candy coating. It's sold in old-school boxes (which come in a three pack) and although the primary consumers are young children, it's invariably located on the top shelf of the supermarket isle. Every box comes with a prize -- usually a little puzzle, temporary tattoo, or a valid Georgia driver's license.
Take me out to the ball game,
Take me out with the crowd.
Buy me some peanuts and Cracker Jack...
by O2L January 28, 2006
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A game played in which several males stand in a circle around a cracker and jack off. They all try to hit the cracker when they shoot, and whoever hits farthest from the cracker or shoots last, has to eat the cracker.
This cracker tastes rather salty.
by lindsay the gangster June 2, 2005
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A game where several men gather around a cracker (I always picture a stoned wheat thin) and furiously masturbate onto it. Whoever ejaculates first wins. By a similar token, the loser is he who ejaculates last. The loser must consume the cracker as a penalty for sloth.
I got the clap from losing a game of cracker jack in college.
by Casey R. June 4, 2005
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●A noun used to describe an action as "cool","dope","crazy",or "sweet".(Like the popcorn)

●A term also used for naive caucasian boys.
1.
Friend:"I made out with Jennifer last night!"
You:"That's fucking cracker jack,man."

2.
Douchebag Friend:"Probably got a acceptance letter to Harvard already"
You:"You're a cracker jack"
by wizardswag May 7, 2012
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A crazy, silly, or nutty person
That guy is such a cracker jack!!!
by 1Anon. April 11, 2006
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A word to describe high priced low quality housing that is insufficient in size
You don't live in a "studio" apartment, that's an overpriced cracker jack box.
by Werdswirth Sayen February 1, 2018
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