Two Part Word -- This refers to a Male's Beast (Lut) and the Hairy ball sack (Bag)
This is generally used to describe someone who's incapable of being intelligent or cool on any level. In other words this person is a complete asshole!!
Pronouced Lut ˈbæg
He's a real LutBag.
That oaks' a Serious Lutbag.
Can't believe how many LutBags are in this place today.
Stop being a complete LutBag.
He plays like a LutBag.