Some thing so
funny that is beyond the point of just laughing at. It is so
funny that you get an orgasmic
like feeling while you are laughing.
1. Shit, that was so
funny that i just loolgasmed in my
pants.
2. When
online:
Friend: I just had sex with my grand mother in the backseat of her 98' ford explorer.
You: Loolgasm
Friend: I'm serious