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1.
When one laughs so hard you benefit from it.
Usually, one gains muscle in their core (abs, back, etc)

thus, they are getting exercise from laughing.

Combine the two actions and BAM you have lollercise
"dude that joke was so funny i lollercised!!"

-"DAMN! that shit must have been hilarious"

d00d 1: wanna hear a joke?

Womens rights!

d00d 2:HAHA mannngg i just lollercised! that was lollertastic!

d00d 1:...it wasn't really that funny
by jimborand November 30, 2010