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This phrase can mean a lot, perhaps to much. In some circumstances it can be the same as 'have it' but of course 'having it' is somewhat in the present tense.

So perhaps think of 'having it' as a outburst response to having extreme fun, mostly summoned for circumstances of a sexual, drug consuming, party time!
Fucking sweet to the eye balls buddy, I'm having a great time in fact you could say I'm fucking 'Having It' !

I guess I should get my ass in gear, strike up a fattyboombatty and start fucking 'having it'

Shitballs! I heard you had a proper session last night with the local hooksta!
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lol, yeah she was fucking having it.
by dat-ting June 13, 2007
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Apr 26 Word of the Day
1. The default beliefs installed when you were a child.

2. An unexamined position you absorbed from your environment growing up.
I grew up in a conservative home so my factory settings lead me to vote Republican.
I grew up in a liberal home so my factory settings lead me to vote Democrat.
by riemannslost0 February 04, 2020
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