1) A activity, event or anything else that was great, perfect, or just cool.
2) Meaning you got something in the butthole on the first try.
1) Q: yo did you go to the party last night?
A: yeah that jawn was on point!
2) A: I saw josh's new car, and that jawn was on point!
B: So you got it in the butthole on the first try?
A: fuck you !
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