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1.
LULZ is a corruption of L-O-L which stands for laugh out loud. often used by the internet gang of hackers on steroids known as anonymous. anonymous gets big lulz from pulling random pranks but for truly epic lulz anonymous does raids and invasions.
ass: i am gunna sue
anon: oh lawd a lolsuit
anon: his ip adress is xxxxxxxxxx
ass: take that down now
anon: butthurt
anon: epic lulz
anon: lulz
by insanet August 20, 2007
 
2.
An extreme case of lulz. This word is used only when something is EXTREMELY hilarious.
Guy: That kid raped that mudkipz!
Your response: Epiclulz.
by Seth Friedman July 02, 2008