orangechips, I can relate with what you're saying. I have been tested to have a very high IQ, yet I don't fit into the system either. I dropped out of school even though I was in the Honor Society. I don't consider you spoiled and lazy. Maybe you are bored, maybe school just isn't your thing.
Not everyone fits into a little box of conformity. Society gives us the expectation of going to college and tells us that if we are smart but don't do well in school, something must be wrong with us.
I think it's important to just find something you enjoy, that you find meaningful. Find out what your core needs are and find something that meets those needs. Forget what anyone else expects from you.