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1. The scrotum.

2. A contemptable person.
"Give me the five bucks you owe me, you jizzbag!"
jizzbag by tradesman March 31, 2003
Related Words
literally a bag of semen, could literally mean a used condom. In actual usage, it refers to someone who acts like an extreme asshole.
"I can't believe that jitbag grabbed my girlfriend's hooters".
jitbag by Scoats May 9, 2003
dude i'm freakin out right now, my jiz bag ripped last night with christina
Jiz Bag by I like sex October 18, 2008
1) A real fuckin idiot 2) bag for holdin' jizz
1) My roommate is such a jizzbag. 2) Pick up this jizzbag before my mom comes.
jizzbag by Skiz November 23, 2002
1. A condom
2. A scrotum
1. "I did it so much that the jizzbag popped."

2. "They hit me right in the jizzbag."
jizzbag by Some White Guy February 18, 2003
1. A used condom

2. A person of equal value to a used condom, usually used to describe males. The female equivalent is jizztube.
1. Dude what the hell is your jizzbag doing in my bed?!?

2. You're such a jizzbag.