–interjection
1.
(an exclamation of surprise, wonder, pleasure, or the like): I Just won the lottery, Giftyballs!

2.
to gain an enthusiastic response from; thrill.
–noun
3.
an extraordinary success: That gig was giftyballs.
4.
excitement, interest, great pleasure, or the like: that night with the hookers and coke was giftyballs
When something happens that is so amazing it beggars belief - You think you've drank the last beer in house but it turns out that your girlfriend has passed out before she opened her last beverage, which you then find - Giftyballs
by DonkDonkDonk August 4, 2010
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