A phrase meaning "ohh snap that was friggin hilarious"
Bonquisha: yo mamma is so old, she owes Moses a dollar

Shaneequa: lolsnap!!!!
by RacistBassist! April 12, 2010
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1) The term used whilst laughing at someone who has just hurt themselves.

2) Used after you have immediatley said something mean to someone who has no comeback
1) Mitchy - watch this guy he is gonna axe himself
(guy falls of bike head first into sharp jaggered rocks)
Ronny - LOLSNAP

2) Jimmy - Hey fatso your a massive loser brain fat head
Fat Kid - ????
Jimmy - LOLSNAP
by Sarge McKoy January 15, 2008
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You're with friends and got something funny in your head, and you can't stop laughing out loud.
Mike: "Hey dude what you laughing at?"
Pete: "Oh I got lolsnaps from that girl accidentally walking into the men's room."
by PervyMike June 12, 2013
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