it means many things such as women, strippers, hookers, tits ,nipples, asses, pussies, and basically anypart of a woman or any name you can call a woman.
The Spinzies, or Spinsies,Spinzees, etc.
When you get to the state of being drunk, that it feels like the whole world is being spun around you. Usually most noticeable when trying to fall asleep, or when just really shit-faced.