Like most of us, life got a bit crazy for me, but I'm going to make a concerted effort to finish this story.
*****
Recap: I had just been masturbated to the biggest orgasm of my young life and now Miss Victoria sat across from me, deep in thought as she contemplated my punishment for my earlier transgression. The crime in question - not greeting her properly earlier in the day.
"Jimmy", she began, "you need to be punished, but I'm going to take your confession into consideration. At first I thought a spanking would be in order, but I think a little torture and humiliation may be a better alternative."
"T-t-t-torture, ma'am?" I asked in fear. Holy shit, I wasn't sure about this. I could feel my balls trying to crawl back up into my body as I began to imagine the worst.
Vicki began to laugh at the look of terror on my face. "Relax baby. There are lots of ways to torture someone that don't involve pain. However, sometimes a little pain can be fun too."
"So, my cute little boy, here is what is going to happen." As she spoke she reached down, picked up her panties and began to rub them all over her very wet pussy. "You are going to wear my panties for the next two days. All day, every day. You can only take them off to shower. You are going to smell me on them, and when you do I want you to think about how important it is to please me, and as always, no masturbation. I don't care how hard you get or how often. I don't care if your balls ache. No orgasms until I say so. Is that clear?"
"Yes ma'am."
"I also don't care if someone sees you in them." Oh crap! I hadn't thought about that! "You'll have to make up some story, I'm sure, but that's your issue, not mine." With that, she held out her hand with the now very wet panties in them. "Here, put them on, panty boy."
I took them from her, stood up and slowly pulled on her panties. The string of her thong nestled into my ass crack, and the panty front did a poor job of covering my cock and balls.
"Oh my," Vicki exclaimed. "You look adorable in panties. Turn around baby, let me see that cute little ass in my thong." I blushed deeply and slowly turned around. "Stop", she commanded. "Now bend over and present that ass to me." I bent over and felt Vicki pry my ass cheeks apart. "Damn, I love how that thong goes right against your cute little pucker." One of her fingers slowly worked down my ass crack and began to trace lazy circles around my asshole while the other hand reached between my legs and cupped my balls. My cock was instantly hard.
"Stand up and turn back around baby," she commanded. As I did, it was plain to see that I was going to have serious problems keeping my cock contained over the next couple of days. Half of my cock was exposed and most of my balls were pushing out of the side of her thong. "Oh my" Vicki said with a chuckle. It looks like someone likes being a panty boy."
"N, n, no ma'am," I stammered. "I'm not a... " Vicki put a finger against my lips to stop me.
"Shush Jimmy. Face the facts. You are standing in front of a naked woman, wearing her wet panties and your cock is as hard as I've ever seen it. Your mind may be fighting the idea that you may like wearing my panties, but your cock says otherwise."
"And before you get all worried, no this doesn't mean you're gay or anything else. It just means that you're a little kinky. And remember... ..I like kinky. Now for the next couple of days, you are going to be my panty boy. Is that clear?"
"Yes ma'am."
"So, what are you?"
I blushed deeply and in a voice slightly above a whisper I responded "I'm your panty boy Miss Victoria."
"Good boy, Jimmy. Now play time is over. You need to get dressed and go back to your dorm."
I slowly began to get dressed and it seemed as if a thousand thoughts flowed through my brain... I'm wearing panties and my cock is still hard. I kind of like how they feel. That makes me gay. No stupid, Vicki said that just makes me kinky and kinky is fun. After all, I ate Vicki's ass and that's kinky...and I LOVE her pussy, so I'm not gay...I'm kinky. Shit, maybe I'm a pervert! Perverts are bad, right? ...fuck, I'm an ass eating, panty wearing pervert...no, you're just kinky...just stop, damn it, stop!
When I finished getting dressed, I turned around to see Vicki had put on her robe. She took my hand and walked me to the door. "Now remember Jimmy, you have to wear those panties at all times and NO cumming. Clear?"
"Yes ma'am."
"Very good. Now give me a kiss goodbye."
I took her in my arms and gave her what I hoped was a gentle, loving kiss. I reluctantly pulled away and looked into her eyes as I told her "Thank you for everything Miss Victoria. I love everything that we do together and I'm truly sorry that I upset you. I'll be a good panty boy for you."
Vicki's eyes seemed to well up and she grabbed me in a strong hug and said "Oh Jimmy, I just knew you would be special. You really do want to please me, don't you?" With that she pulled back from our hug and gave me a playful smack on my ass. "Now get that sexy little panty boy ass out of here before I change my mind. Go."
I walked down her sidewalk, turned and gave her a quick wave goodbye. My walk back to the dorms seemed to take forever. I could feel the thong rub my ass, cock and balls. My cock went back and forth from semi-erect to a full hard on. Whenever I got hard I tried to think of anything but sex, but then I would pass someone and I would panic. Can they tell I'm wearing panties? I know I smell like sex, can they smell that? Then my cock would get hard again as I thought back to my time at Vicki's. FUCK, how am I ever going to get through two days like this?
I eventually made it back to my dorm and cautiously opened the door. My roommate wasn't there, so I quickly grabbed my things and walked to the showers. A couple of guys passed me in the hall and as they got close it was obvious that I reeked of sex. They looked at me and give me an "atta-boy" smile and head bob as they passed. Once in my shower cubby, I stripped out of my old clothes and took my shower. When I started to get dressed I picked up the thong and realized that it still smelled strongly of Vicki's pussy. It wasn't a bad smell, but it was an obvious pussy smell. I pulled on her thong, adjusted myself as best as I could and continued to get dressed.
My trip back to my room was uneventful, and when I got back I saw a note from my roommate. He was going out of town for a few days, so I was home free. No need to come up with a story or worry about him catching me in panties!
The next couple of days weren't without their moments. I would be sitting in my room studying and then I would remember I was wearing Vicki's panties. Then I would smell her smell. Instant erection! A couple of times I got caught up in the crowded hallways and people (both boys and girls) would suddenly stop and sniff. They had gotten a slight whiff of Vicki's panties and were trying to figure out where the smell was coming from. I changed my usual seating patterns in my classes, trying to keep a "comfort" zone between me and the other students hoping no one else would notice. However, I almost got caught in the library.