“Most men experience a refractory period immediately following an orgasm, during which time they are unable to achieve another erection, and a longer period again before they are capable of achieving another ejaculation. During this time a male feels a deep and often pleasurable sense of relaxation, usually felt in the groin and thighs. The duration of the refractory period varies considerably, even for a given individual. Age affects the recovery time, with younger men typically recovering faster than older men, though not universally so.
However, some men are able to achieve sufficient sexual arousal immediately after ejaculation, and others may have refractory periods of fewer than 15 minutes. A short recovery period may allow them to seamlessly continue sexual play from one ejaculation to sexual stimulation in preparation for the next. However, other men are averse to stimulation during the early part of the refractory period.
There are men who are able to achieve multiple orgasms, with or without the typical sequence of ejaculation and refractory period. Some of those men report not noticing refractory periods, or are able to maintain erection by “sustaining sexual activity with a full erection until they passed their refractory time for orgasm when they proceeded to have a second or third orgasm”. ~Wikipedia