Green’s Dictionary of Slang

toasted adj.

[SE toast]

1. (US Und.) executed in the electric chair.

[US]Monteleone Criminal Sl. (rev. edn).

2. (US) physically or mentally exhausted.

[US]S. Moore In The Cut 63: I have many more words for the dictionary [...] toasted, burned-out (as in ‘he’s been a detective too long; he’s toasted’).
[US]N.Y. Times 27 June n.p.: Most people now know that [...] ‘Spam’ is no longer a ham product but a form of computer junk-mail; ‘toast’ refers not to a breakfast choice but to a state of being dead or burned out [...].

3. tipsy, either slightly or extremely drunk.

[US]Eble Campus Sl. Spring 6: toasted – drunk.
[US]Tarantino & Avery Pulp Fiction [film script] 77: Three well-dressed, slightly toasted Mexicans.
[US]Da Bomb 🌐 29: Toasted Drunk; intoxicated.
[UK]G. Iles Turning Angel 115: Ellen’s so toasted, she can barely walk.

4. (drugs) intensely intoxicated by a drug.

[US]E. Folb Runnin’ Down Some Lines 176: Another picture is that of being cooked or overdone – toasted, fried.
[US]Eble Campus Sl. Oct.
[US]J. Stahl I, Fatty 214: The once-vivacious beauty was so toasted on coke.