The adjective that describes someone who has achieved the most coveted form of intoxication. It refers to the disabled/mentally challanged children that recieve the money raised by the telethon conducted by Jerry Lewis. Although your fellow friend is not reciving money through a telethon, they display many of the same characteristics of a retard (drooling, unintelligable language, uncooth gestures, pulling pants to the ankles to piss)
Dude - look at this shit! Your boy passed out on the shitter while wiping his ass, and now the muthafucker is crashed out on the floor of a bathroom stall with ass paper hanging out of his corn-hole. Your boy is more fucked up than Jerry's Kids!
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.