五道杠 and 有木有 are two so-called cyber-words which used frequently in recent China as a metaphor or hiden hint of what people really complain or hate since people in that country can not complain freely and openly.
You need not try to make it clear with its grammer while it usually doesn't make any sense at all. Well if you're not a very skilled Chinese-English translator, it's not so necessary for you to grasp these cyber-words because they change almost everyday just like pop-stars.
五道杠 is a mockery to those obsessed by becoming mightful officials or authorities so that they can gain countless treasures and privileges for themselves.
有木有 is used to emphasize what you said above, just like 'isn't it?'.