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1.
The abbreviation for the Little League World Series, an annual tournament held in Williamsport, Pa every August. Sixteen 12-14 year-old teams from around the world travel to this town and compete to see who is the best in Little League.
"Are you watching the LLWS on ESPN this week?"

"Yeah. I might even go watch one of the games! Admission is free, ya know."
by Robert Watson October 07, 2005
 
2.
LLW
LLW is a slang word for when you laugh so hard that you dont laugh at all and its so funny that you start clapping. so therefore you like a walrus.
Guy: You are the only one i want to be with!
girl: LLW!
by TaylorDelgado22798 December 21, 2011