Yes, ragbags is a Scrabble word!
...and is worth 11 points in Scrabble, and 14 points in Words with Friends
ragbags
Noun
1. A motley assortment of things
2. A bag in which rags are kept
What Scrabble words can I make with the letters in ragbags?
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Words that can be created with an extra letter added to ragbags:
E:garbages