A celebratory phrase used following one, or a series of, positive, though generally insignificant event(s).
Its origin can be attributed to Milhouse, a character of television show The Simpsons, who coined the phrase in jubilation after realising the success of his flood pants to keep his cuffs bone dry.
"I left work 10 minutes early today, and I found $2 in the passenger seat of my car! Everything's coming up Milhouse!"
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Means "Everythings going well for me". Came from the Simpsons character MilHouse when something particulary swell happened to him.
I just found 10 bucks, everything's coming up Milhouse!
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An exclamation added to the end of a sentence... e.g. when you hate flood pants but then you realize how effective they really are.
"My feet are soaked, but my cuffs are bone dry! Everything's coming up Milhouse!"
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Words of joy about something insignificant, especially in comparison to how disastrous your situation is.
My train is 3 hours delayed, but I found a spot to sit on the dirty floor. Everything's coming up milhouse!