One who makes people sad or upset. Such as the feeling when a little kid's lunch money gets jacked.
Poor things feelings got hurt by that damnlunch money stealer.:(
Girl, he made you cry? We'll beat the shit outta that lunch money stealer.
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Another of way of saying "get owned". You can use this phrase when someone gets embarrassed or "owned" either physically or in conversation.
Graham: "what up playa"
Damian: "not much man, just got knocked down by some freshman"
Graham: "hahahah get your lunch money taken kid"
Damian: :( :( :(
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In sneaker talk, the term "lunch money" is used when a sneaker is sold for very little profit, i.e. the sneaker is sold for a little over it's retail price (hence "lunch" money, typically because it is a small sum of money you would buy lunch with). This sum typically varies between 5-20$.
Person 1: I sold my yeezys for 235$ yesterday.
Person 2: but you paid 220$ for them! That's lunch money profit.