Being rich as fuck, ballin' outta control. Racks is a synonym for stacks; a stack being $1,000. Basically, if you stackin' money crazy high, you got racks on racks on racks. Made famous by Yung Chris' hit song 'Racks'.
Incredibly large sums of money. But more appropriately, an adjective used to describe something that one possesses in copious amounts.
Justin spent racks on racks on racks last time he went to the grocery store, and now he has racks on racks on racks of Cap'n Crunch in his pantry.
By Veriee
Racks On Racks
Originates from casino the gambling term "STACKS ONRACKS." Plastic "racks" hold "stacks" of 100 casino chips each. Since casino chips are uniform in size, a rack can hold $100 (if $1 chips) up to $500,000 (if $5,000.00 Chips). The "racks" themselves are also stackable. So RACKS ON RACKS describes the stacking of plastic chip racks....each holding stacks of up to 100 casino chips of any denomination as described. AKA a shitload of money.