When a white man steals something, usually quickly. This is a rare occurance as theft is usually committed by negros and spicks. Often when this occurs, it is appropriate to yell out "damn, I just got cracker-jacked". Many white people who 'cracker jack' are drunk.
"Did you hear that Vinny got cracker jacked the other day?"
"Man, I wanna cracker jack that nigger over there. Teach him a lesson about superiority"
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