What is Oklahoma Sugar Princess?
1.
An under age girl who doesn't mind receiving money for sexual favors.
Tom: Hey, that girl over there is looking real nice. Maybe I'll buy her a drink.
Eric: What? Don't you know she's under age?
Tom: Well maybe she's an Oklahoma Sugar Princess and I can have my way with her big black ass.
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A hip name for a CD player.
Kid 1: Man, a CD player? Get with the times!
Kid 2: Yo son, that's not a CD player, that's my iP..