Put that in your pipe and smoke it

This quaint American expression dates from the early 19th century and is simply a more expressive way of saying ‘take that’ or ‘ponder that’ usually after a verbal pronouncement expressing finality of some sort. For example, “I’m resigning here and now, so put that in your pipe and smoke it.” The expression derives from the perceived thoughtful way that pipe-smokers seem to ponder events.