procrasterdrinking 

The act of drinking with a room mate in order to procrastinate lab reports or other homework due in less than 12 hours.

"Don't you have lab at 8 am?" -'Yeah but come join Ted and I in procrasterdrinking! We might even go out to 'Joes!'

procrasterdrinking by Diane Feinstein November 6, 2013

Procrastidrinking 

The act of putting off work or other duties by engaging in the consumption of alcohol.

Nick "Have you gotten all of your homework done?"

Helmut "Nooo waay. I've been procrastidrinking. In fact, I think I may be procrastidrunk."

Procrastidrinking by Nick Cedar IV April 29, 2008