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lolocost 

An inaccurate variant spelling of "lolocaust," circulated particularly among the semi-literate and those who clearly haven't read much about the Second World War.
That someone took the time to submit a separate entry on 'lolocost' when the more obvious definition is just above it in the Urban Dictionary—it's enough to precipitate the lolocalypse.
lolocost by The Brometheus May 9, 2011
Related Words

Lolocoaster 

When finding something so amusing that the sensation of being on a rollercoaster is achieved.

Founded in 1863 by William Shakespeare.
Noob: DUDE, your penis is bigger then mine!

Froob: LOLOCOASTER!
Lolocoaster by Ginalaaahh July 23, 2009

lolacost 

This refers to large quantities of funny jokes referring to the holocaust or any other Jewish related fail.
Oh man those Jew jokes were a lolacost.
lolacost by Polukoff June 17, 2008

lolocaster

One who casts forth lulz;
instrument of/or guitarist who fails so epically that one cannot help but laugh. (combination of lol and -caster, suffix to many Fender guitars)

unbelievably ugly guitar
Damn Rick stop being an lolocaster! I just pissed my pants!

That kid screwing up Smoke on the Water defenitely is using an lolocaster.

Man, check out that lolocaster! It's got Hello Kitty on it!
lolocaster by Mad Bomber March 16, 2008

lolocopter

Lolocopter your fucking ugly!
lolocopter by BardoK (JuT) November 13, 2004