Definitions by Emtreid

Lolocaust 

An exclamation when someone says something so funny come dangerously close to challenging your own hilarity. They must therefore be sent to the Lolocaust, there to be sacrificed to the rofl knife

Person 1: *Great Joke*

Person 2: (Thinks: hmm... such a great sense of humour may challenge my rule as ultimate joke teller) Lolocaust!

Lolocaust by Emtreid May 8, 2010