Top definition. Milking it unknown. Milking It unknown. When you deliberately drag something out to the point of taking the piss and abusing the gratitude of others. Short for "milking it for all it's worth.
Sara's at home taking care of her sick boyfriend. Hasn't he had that cold for two weeks?
Yeah, he's milking it. Isn't Bill back from that job yet?
Still gone, he must be milking it. Is Johnnie still crying--she hardly hit him? Oh, he's milking it.