A penis and two eggs, as in one dollar bill in the middle and two quarters on the sides
Girl (after hitting a boy in the penis): You don't be flirting with me, moron!
Boy: Ow! You owe me $1.50!
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A 1.50 is when a girl gives a male one dollar and fifty cents to let her suck him off and yes swallow. Otherwise known as Reverse Oral Prostitution. The rule is the definition
Damm she really gave you a good o'l 1.50
Remember The 1.50 Rule she pays you to suck you off
You 1.50 lover, you've been giving 1.50s to every Bob-Tod Jones in the county.
You'd give a 1.50 to everyone in school you slut
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That you would want to have sex with someone, referring to paying for sex
She is so hot I would definitely give her the $1.50