This can be either a term for a dark skinned buddhist, or a black male with a very bulbous belly and bald head. It is said that if you rub his belly you will have good luck for a time.
"Did you see that Jiggabuddha near the back of the temple?"
-or-
"Get over here Jigabbuddha, I wannarub your belly!"
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.