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Definitions by Megan Scheafers, Ver Varos

LOLocaust 

Pronounced "LAWL-O-CAUST," Mixture of LOL and Holocaust
- Having such a horrible, depressing moment that it creates a mass murder situation of all things funny that have ever happened in your life up until that point.
"Oh, I broke my pencil, I lost my other sock, and my dog ate my favorite fake chanel earrings, LOLocaust."