1. Really really extremely intoxicated
2. To be intoxicated to the point were all you can say is "I'm sauced"

sauced: to be so drunk all you can think about is how drunk you are

Having too much to drink,
Similar words: plastered, hammered, trashed

1) To be very drunk, shitfaced
2) To be shotdown or owned, often an exclamation

to be drunk

The term used to acknowledge someone who has just been owned or served by someone else. "Sauced" is usually said by the outside person in a group of people. This term is commonly used in Massachusetts.

(v.) an interjection used when a bout of bad luck has fallen upon someone, or when somebody is hurt, defeated, or is clearly about to catch herpes. primarily used and popularized in Eastern Massachusetts, more specifically in the village of Winthrop By The Sea.