Phrase for claiming one's portion of a sack of marijuana, or hits from the joints rolled from it, typically one quarter of a twenty dollar portion. Also means to have a stake in, or some control of, a situation.
Guy:I got 5 on it, I got 5- What you got nigga?
Guy2:Damn I think I got two bucksin my sock nigga
Guy:Well thats that-
Guy2: Fuck it, I think I got 3 bucks in my backpack, enough to get a fat sac.
By Marita
I Got Five On It
"I got five on it" is a statement from the Luniz. They were a rap duo from the yay area. The term means i got five on: that sack, that bottle, that BLUNT... hahaha