Used to define a person in a negative way. Generally because they are of dumb club slut, or just a total moron in general.
Generally, these people have no idea what it means to enter into a social situation, and maybe subject to repeated and constant ridicule. These people may have mild autism, or undiagnosed aspergers syndrome.
Generally speaking when used to define someone as a jackpot, they are the opposite of this term. A complete and total failure.
You met that guy/girl at the club at 2:00 AM? Wow, that is a real Jackpot!
We have an Asian friend and we introduce him as a jackpot to anyone he meets as a joke because he is such a dumb cheap bastard.
Wow, you really hit the jackpot with that guy/girl.
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