A 'Cheese Wagon' refers to a male who's scrotum hangs lower the penis itself.
Lucy: So how was he?
Anna: Awful! He was draggin' a cheese wagon
Lucy:.....oh
Mark: Damn its cold in here!
Kyle: Tell me about it! I'm rolling the cheese wagon!
Fran: Michael Angelo's David is so amazing..
Bob: CHEEEEESE WAGON!
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