Answer:
Feared on the playground, he steals your lunch money and distributes wedgies
I am used in most sports, have four holes, come in many different colors and there is a state that shares my name.
When we stand up it lies flat. When we lie back it stands up.
If it has a quart capacity, how many pennies can you put into a empty piggy bank?
Its fleece is warm and wooly white. And when you lie awake at night, count it and you'll fall asleep. What is it?
Of no use to one, Bliss to two. Men lie for it. The baby’s right,