(n.) the prize bestowed each year to the golfer who wins the Masters Tournament at Augusta National...but more importantly:
(v.) (-s, -ed, -ing) a) to absolutely and completely master something, b) to become master over something/someone
Alt. Spelling: Green-Jacket, greenjacket, g-jay
i)
Harold: "Yo man, how did your interview go?"
Kumar: "I straight up Green Jacketed that shit, son."
ii)
Harry: "Hey, how'd you night with Laura end up?"
Lloyd: "I g-jayed that vag all night long."
As with 'awesome sauce', this is an exclamation or reserved sign of approval. The difference in this case being that the exclamation comes in the form of both complimenting and envying the guy wearing a Green Jacket.
Steve: So'd anything happen with that chick you met at the bar last weekend?
Dave: Not this time, brother.
Steve: No--damn dude, you guys hit it off at first, what happened this time?
The most coveted prize in all of golf, and the bedroom. The Green Jacket is awarded to those who have “destroyed all holes on the course” so to speak. Unless your name is Tiger Fucking Woods the only way you’ll be getting a Green Jacket is by drilling and filling all three predominant sexual orifices on the same woman. When you’ve drilled all of a woman’s holes your buddies are legally required to award you with a Green Jacket which is to be signed and passed down among you until you’ve all worn the jacket
Well boys I never thought I’d see the day we gave Cameron his Green Jacket. Brooke finally let him plow the mostillusive hole, her asshole. I’m so proud