1. Used in sarcasm to describe an unfortunate event or a particularly happy event in which a person is inclined to use this phrase
"That's just spanktastic."
2. Being very awesome or cool, to the point of being almost perfectly fitting in with its surroundings. The word often can be refered to an article of clothing, a hairstyle or perfect instrumentation in a musical phrase.
"Those pants are spanktastic. They totally make that outfit hip."
Stroke
Three elderly women were sitting on a park bench when a hansome young man went up to them and flashed his naked body.
The first lady was so shocked that she died.
The second one was shocked too, and she fainted.
The third lady, well, she got a stroke.
Slogan of the Day
"When life hands you lemons throw them at someone" -Sherry Ogden