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2.
similar to lol, lolws is a net speak abbreviation for laughing out loud while snorting.

Brandon: A deer ran into my car
Ashley: lol, don't you mean you ran into a deer?
Brandon: No, It litterally ran into my car
Ashley: lolws
by Ash P May 23, 2007
 
1.
leet sign of typing while running, driving or flying in a game.
Roost426: lolw
by Roost426 April 28, 2004