someone who can't get enough LOL jokes when drunk, or, someone who can't get enough LOLjokes about drunks.
"oh man, we should take a pic of that passed out chick that we drew all over and label it with a stupid caption, and publish it on the internets."
"you are an alcoLOLic."
a picture of a drunk person, captioned with funny, cute, ridiculous, or nonsense words in IMPACT font. Like a LOLcat, but more of a LOLdrunk.
take a picture of that wasted kid in line ordering at a 24hr McDonald's... we can caption it 'I CAN HAZ CHEEZBURGER?'
that is an alcoLOL.