A natural disaster caused by an extreme excess of smegma concealed in one's own foreskin. Usually caused by not cleaning your foreskin on the regular or from dietary problems resulting in a sudden growth of smegma.
Bill: Hey man are you going to the game tomorrow?
Fred: Nah man my family and I are getting out of town before the Smegmageddon gets here.
Bill: OH SH*T I GOTTA GET OUTTA HERE!
Fred: Yeah dude, it's pretty tragic.
I went down to the local watering hole to take in the game and down a few pints, but the place was cordoned off with crime scene tape and surrounded by patrol cars; no way was I going to walk into that smegmagon.
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".