It is disagreed by many how to interpret this term. Some may view it as a modern, pleasant word-play whereas most will elucidate this designation a churning shitpot.
Person 1: "Pizzazzles, mates!"
Judgmental idiot: "Shut the fuck up"
Person 1: "Pizzazzles, mates!"
Go-with-the-flow chillaxer: "Haha, see ya later, dude!"
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.