A combination of lol and ok used together (often because the realization is obvious.) or because you're taking immediate action on the reply - or expressing understanding. Variant is lolk which is more of an acknowledgement.
"I can't find my glasses"
"that's because they're on top of your head."
"He's gonna get play tonight!"
"Cuz she's a dyson vacuum cleaner"
It's a combination of the words lol and OK. It's most commonly used when someone says something silly/stupid that you don't agree with but it's not worth your time to correct them, but it also can be used simply as an acknowledgment.
AIM Conversation 1:
IluvGWB: Don't vote for Obama because he's a muslim and a terrorist
AIM Conversation 2:
BigSlick12345: Phil Hellmuth is the greatest NL Hold'em player alive
AIM Conversation 3:
PokerChuck123: omg amy winehouse is the nuts. She is so smokin' hot!!!111
South African derivation - "Laugh Out Kak Loud"
"Kak" = used to emphasis the laughter.
(South African)Person 1 - dude, he asked me if I have a lion as a pet.
(South African)Person 2 - lokl my bro!
Its a term That Plaknum from xboxlive says meaning LAUGHING OUT KICKING LOUD
Like your laughing so much that your leg is kicking.
After watching The Onion Movie I LOKL
Dude that joke made me LOKL
A term from lol
An abbreviaton for laugh out kangaroo loud.It was first a misspelling but shall start a revolution!! USE LOKL AND WE SHALL SOON RULE THE WORLD!!!
(usually used only by insane people in online chat rooms)
Bob:Wise man once said he who stands on toilet is high on pot.
Zeekeryarydoodopieman:Lokl im gonna drink some toilet water after getting high on pot!!!!