It is the same as Ice Dragon just with a little twist. When a woman is going down on a man, right before he ejaculates he push down on the back of her head and tickle her, causing she to choke and laugh the semen out her nose. Like a dragon shooting flames or ice of it's nose.

See, sticky dragon or white dragon
Cecilie was looking a little sad so I made her happy with an Laughing Ice Dragon, and as she shot my load out her nose laughing I screamed "Laughing Ice Dragon!"
- We never had that much fun again...
by The Icey Master May 24, 2011

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