Okey Dokey, a term used by nerds to acknowledge things and make things such as typingnumbers exciting.
40 Year Old Nerds...
Nathan: Hey David guess what...
David: What???
Nathan: I GOT LAID!!!!
David: Okey dokey...well any ways did you hear about the new MAC COMING OUT???
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.