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1.
the lols is a severe case of lol, it is something uncontrollably funny.
Jeremy got the lols after i told him a joke involving a horse and a bar
by diamondmanizzle2 October 28, 2013
 
2.
Can be used much like the yay, or the ghey. Just an accentuation.
OMFG THE LOL! This is very comical and amusing, so I will vocalize not only "lol," but "the" as wel! THE LOL!
by Lucificifus March 30, 2005