What is the meaning of Bags?

plural of bag

A large quantity.

A game similar to beanbag toss, cornhole.

Trousers.

A woman's breasts.

third-person singular simple present indicative of bag

To reserve for oneself.

Used to claim something for oneself, especially in the combination 'Bags I'.

indefinite genitive singular of bag

plural of bag

indefinite genitive singular of bag

Source: wiktionary.org