Spent some bank - I got a high powered jumbo

from Beastie Boys – The New Style Lyrics on Rap Genius

Meaning

Mike spent some cash and bought a Jumbo Jet, like this:

Above, 1986 promotional poster accompanying the UK edition of the Licensed To Ill LP
Sunny Bak designed the poster, and took the photo.
source: beastiemania

To help improve the quality of the lyrics, visit “The New Style” by Beastie Boys Lyrics and leave a suggestion at the bottom of the page