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lollerpwned 

The most humiliating defeat. The only honor-compensating action after you've been LOLLERPWNED is suicide. In ancient days, Samurai who suffered defeat were forced to commit suicide because the shame was believed to be physically unbearable. being LOLLERPWNED is that X lYke 300000!!!11
"d00d, I like screamo."
"like what?"
"You know, story of the year and atreyu"
"You wouldn't know screamo if Daughters knocked on your door with their instruments in one hand and their LSD in the other."

LOLLERPWNED
lollerpwned by Josh December 9, 2004
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lollerpwned 

To be unmercifully defated and sent home crying like a bitch.
Now what bioch I just Lollerpwned your ass.
lollerpwned by Coo-Coo April 21, 2005
Related Words

lollerpwnt 

Like lollerwaffles, lollerpwnt is too shrouded in mystery. It has little use, except as a pointed reference to the unability of the person it is directed at. Researchers have only recently discovered this word.
Person A: Dude, my cat got, like, run over and stuff.
Person B: Lollerpwnt!
lollerpwnt by Cub3r7 December 6, 2004

Lollerpendence Day 

The day on which the the first usage of the phrase "lol" is celebrated.
Are you having a Lollerpendence Day party?
Lollerpendence Day by anthwi December 14, 2008