The act of using a cozy, fuzzy blanket is used to ejaculate when masturbating or receiving a hand-job with a fuzzy blanket.

In other words, when a fuzzy blanket is placed between the hand and penis while jerking off, you just had a fuzzy wanket.
It looks like I don't have a date tonight, so I guess I'll just enjoy a good ol' fuzzy wanket.
by Charlie's Friend April 4, 2012
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N. A Wanket Blanket is a rag/towel that is used to wipe up all of the fluid after "wanking" or masturbating.
Person 1: Bro what is this towel in the corner for?
Person 2: Dont touch that, that's my wanket blanket!
by ZStambs21 March 10, 2017
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When you are too tired or upset or distracted to sleep without having a wank first.
I was so stressed out last night at bed time I had to use my Comfort Wanket to fall asleep.
by Acerpacer May 7, 2015
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