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1.
A failed attempt at stating "I did it for the lulz". Often perpetrated by newfaggots.
"I did it for the lolz hurr durr".
by yourmammybitchass January 19, 2011
 
2.
To do something for fun or laughter. Normally something to do with computers.
Crashing a network for no reason. "I did it for the lolz."
by Nobdy42 August 13, 2008