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What happens on New Year's day after you're done puking your guts out the night before, on New Year's Eve. Your now empty stomach produces nothing when you begin dry heaving after a night of hard partying and drinking.
"Joey's got the New Year's heaves! He's rolling around on the floor heaving and gasping for breath. It's hilarious! Where's the camera!?"
by cagedape December 27, 2009
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Drinking entirely to much alcohol before midnight on New Year's Eve leaving you hugging the toilet while the ball drops.
Josh: Hey Evan, have you seen Jake lately? It's three minutes until midnight and he's gonna miss the ball drop.

Evan: He's been in the bathroom for the last two hours, probably having his New Year's Heave.
by I am tricky December 29, 2009
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