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in high cotton 

well off, especially in terms of happiness or wealth(from the notion of a well developed high cotton crop that one would not need to bend over to pick, used in the Southern U.S. since the 1920)
He was in high cotton by the time he retired.

in high cotton 

To have a lot of money. Prominently featured in the country-western song "High Cotton" by Alabama
When we were kids, we thought we were in high cotton if we had a dollar.
in high cotton by LB March 31, 2004

Shitting in high cotton 

Southern term = We got it made---as in the cotton is high enough to hide us while we take a shit.
"We are shitting in high cotton now boy"the old man said as he unhitched the mule from the wagon."Where is your sister?"

Shittin' in high cotton

Being well off financially.
Since I hit the lotto we've been shittin' in high cotton.

walkin in high cotton 

A person with great success or wealth is said to be 'walking in high cotton'.
The queer wacko didn't have 2 dimes to rub together but ever since he got on reality tv he's been walkin in high cotton.

Living in high cotton 

Meaning life is good or going well. Not intended to have any racial slur nor is it intended to be hurtful or racist in any way. As if to say things are going to work out and the crops are good so times are currently great.
Q- How is life treating you friend?

A- Man we are living in high cotton lately :)