What is Mitzvahpalooza?
1.
Extravagant and lavish coming-of-age party for jewish teens. On November 2005, exemplified by a NY Long Island multi-millionaire who threw a plushy bat mitzvah party for his daughter by hiring celebrity artists costing millions of dollars in talent fees alone and giving away souvenir kiddy bags consisting of digital cameras & new video ipods worth $1000/each.
That businessman squandered about $10M when he hosted a mitzvahPalooza for his daughter.
See