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1.
LOLN is an acronym which stands for "laughing out loud naked."

Since its creation, LOLN has went on to mean other things as well. If you don't know what else to say during a conversation, throw in a few "LOLN's" to keep the conversation alive. It can also be used as an answer to a question or as a question itself.

The term was first created many years ago by ImcalledSuperman while sitting naked and laughing during an intense conversation on AIM. Since then the expression has caught on thanks to the help of important people whos names will not be mentioned for their own protection.
Person 1: "LOLN, you're hilarious!"
Person 2: "LOLN you are!"

Person 1: "Wanna come over?"
Person 2: "LOLN"

Person 1: "LOLN"
Person 2: "LOLN"

Person 1: "Yeah man, it was horrible."
Person 2: "LOLN?"
Person 1: "I'm glad you asked, but I'm feeling better."
by ImCalledSuperman March 01, 2009
 
2.
Laugh Out Loud Nigga!
We be dippin on them niggas loln!
by goon starz December 13, 2009
 
3.
Internet slang for "lol no". It is used when asked a question that the answer is no to but the fact that the question is even being asked amuses you.
Hey I heard you slept with Alex... did you really?

LOLN.
by Margo Roth Spiegelman II April 03, 2010
 
4.
Acronym for the Law of Large Numbers, a fundamental statistical theory that basically states the more something happens, the more likely that its average value will approach its predicted average.
The more you flip a coin, the more likely it is that 50% of the flips will have come up heads, and 50% will have come up tails

Gamer 1: "Dude, I've been playing this game for 2 hours and havent found anything good yet"
Gamer 2: "LoLN, its just bad luck"
by droid327 March 31, 2010