American Donut

Premise
It's like American Pie, but instead of humping an apple pie, the protagonist humps a donut.

We could even have a tagline: Donuts Have Holes for a Reason.

That's not quite right, but you can get someone from marketing to work on it.

Setup
Young Jake Wilson is an awkward teenager who's shy around girls. He and three friends decide to have a contest: Whoever has sex first gets $5 from the other three.

What's at stake: Bragging rights and $20, which I think is a lot of money to teenagers, right?

Action
Jake wants to alleviate some of the anxiety he feels around girls, so he practices kissing the powdered donuts his Dad had brought home from Publix.

That goes pretty well, so he decides to go all the way. Then his dad walks into the kitchen and sees his son with his pants around his ankles, a donut on his wang, and white powder all over his mouth, hands and crotch.

"Why aren't you doing in this in your bedroom, or the bathroom, for fuck's sake?" the dad screams. "Why would you think it's acceptable to do weird sexual shit in the kitchen?"

And Jake really doesn't have an answer.

Thrilling Conclusion
One of the other kids reveals he has already had sex, several times actually. It's not a huge surprise because he's really popular and athletic and good looking.

All the other kids have to pay him $5, and he uses the money to buy gas for his pickup truck and condoms. He's taking Tiffany Amber, the captain of the cheerleading team, to his dad's cabin in the woods for the weekend.