verb. A hybrid word derived from words Jacking(off money) and ballin. 1. Frivolous spending without regards to priority, in order to appear as a baller.

WORD ORIGINATED IN NAPTOWN,IN
TEST>>> If you wake up in the morning thinking about what you could have, or should have spent the money on you were JACKBALLIN.
by Kenn Starr December 12, 2007
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