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Refers to extremely cheap beer.
Go grab some dollar piss at the Chevron.
A dollar bill that is intentionally thrown in a urinal in a public bathroom or port-a-potty, with the understanding that some poor bastard will pick it up at some point throughout the night. Bets between friends are usually placed on how long it will take to disappear.
Damn Joe I saw you buy a beer with some wet money, did you break down and grab that piss dollar that I threw in the pisser?
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A five dollar piss is that piss you take when you've been holding it for a longgggggggggggg time. Usually after over 3 beers. It is a piss that felt as good as finding $5 on the ground. In other words, the pleasure you get from finally letting it go would be worth $5 if you could somehow pay someone for a similar sensation.
Generally had when there isn't a good place to pee in public, and you have to wait until you are in a bathroom or approach a wooded area.
Coincides with saying "arghhhhhhhhhhhhhhhahhhhhhhhhhh" when you finally do get to urinate.
Damn dude, I've had to piss since we started walking across this huge parking lot. I'ma go take a five dollar piss.
The line for the bathroom was so long, I ended up taking a five dollar piss when I finally got to the bathroom.