A female between the ages of 13 and 30 (usually from Brooklyn, Long Island or New Jersey) who wears a lot of makeup and will fellate almost any guy as long as he's in a band or has even the slightest connection with the music business. Once associated with the old City Squire Hotel on Broadway and 49th Street, they now can be found almost anywhere from Columbus Circle down to Tribecca. Also known a {blower}.
"Hey, Howie, tell Vance to make a few calls and round up a couple of lipstick lizards for after the show."
It is said of the situation where a person has the bad luck to make contact with his testicles against an undefined surface or object, intentioned or not.
Given the nature of the word, it is more appropriate to design cases where the interaction is made with a moving object, for example, a ball.
Although it is extremely painful for the victim, it tends to be considerably funny to people who witness it.
Today in the baseball game the pitcher took a nutshot; the baseball hit him in the nuts.
Man, I just watched the funniest nutshot video ever.