Method of drug intake where a male coats his penis with a power drug. Then has sexual intercourse both vaginal and anal sex with male and female participants.
McClane "Hey dude just picked up some ket. Fancy a Dipping Shot?"
Spacey "Of course i do McClane get that sexy ass over here"
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A night or event that is deemed awesome/insane enough by Rich.
Example 1: Mdogg's birthday was bound to be insanely awesome. "Richfest 2009" was born.
Example 2: While everyone was out Rich rolls an impressively large cone joint. Rich proclaims "Richfest: Chapter II" will happen tonight.