A living situation in the online game Neopets where you are unable to verify your account to begin earning money for your pet and are forced to live on the 5000 neopoints given to you, omlettes from the giant omlette, and soup from the soup kitchen.
John: Have you bought anything new for your Neopet?
Jane: No, I can't. I'm living on neo welfare. My poor gelert is living on omlettes!
Jane: No, I can't. I'm living on neo welfare. My poor gelert is living on omlettes!
by Sabrina Fairchild October 6, 2010