Here, I got this off a website to clear this all up:
Females ejaculate? Yes, they do. We’re talking about a gusher of fluid spurting out of her pussy as she comes. Actually, to be more accurate, the fluid comes squirting out of her urethra. Don’t let this gross you out, though; it’s not pee! Female cum is a clear, odorless liquid produced by a small organ called the “female prostate,” or urethral sponge, which is located between the urethra and vagina. The fluid it produces just happens to come out of the pee hole, but...so does guys’ semen, right?
While some women may experience ejaculation naturally in the course of intercourse or other sex play, most require some concentrated stimulation of the G-spot. Massaging the G-spot causes the urethral sponge to become engorged with fluid, which is then expelled during orgasm. And, as with an orgasm, ejaculation also requires the woman to “let go.” Before ejaculating, the woman will feel as though she is going to pee. However, it is nearly impossible for her to urinate while coming, because the muscular contractions of orgasm close off the bladder and prevent the passage of urine.