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An expression used to describe a gathering of male homosexuals. Usually involving the wearing of colorful costumes and mind altering club drugs.

A jolly jizz festival, is the ideal setting for homosexual acceptance.

All homosexuals and their supportive hetero counterparts are welcome to participate. Jolly jizz festivals are the target of varying degrees of hate speech and anti gay protesting.
"Hey Timothy!! Oooo..! Lookie there! It's a great big jolly jizz festival! Gimme some party and play and lets go-oh!"

Or

"Steer clear of that jolly jizz festival David, you know how much God hates queers! We wouldn't want anything rubbing off on you now would we?"
by itisivon September 05, 2009
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