Basically an all purpose term for anything ranging from mildly humerous, to raging hysterical.
The term used to be strictly an acronym for Laughing Out Loud, but it now means "I think that's funny" ALthough it used to be strictly confined to the internet, it has evolved into a word pronounced "lawl" and is sometimes spelled so.
Lol has gained many variations
I.E Lol, lul, lulz, loled, lawl, lolz, lols, luls, Lawlz, Lawlz etc.
It is only twenty years away from being in Merriam Websters dictionary
The term used to be strictly an acronym for Laughing Out Loud, but it now means "I think that's funny" ALthough it used to be strictly confined to the internet, it has evolved into a word pronounced "lawl" and is sometimes spelled so.
Lol has gained many variations
I.E Lol, lul, lulz, loled, lawl, lolz, lols, luls, Lawlz, Lawlz etc.
It is only twenty years away from being in Merriam Websters dictionary
Christoper2022:33 P.M Yesterday, i Opened can of soup and drank it cuz I was to lazy to cook it
OrlndoBloomfan2:33 P.M Lol!
OrlndoBloomfan2:33 P.M Lol!
by Noogahoogah October 3, 2009
Get the Lolmug. Basically if someone tells you this they actually mean they wanna fuck all night long... :
Let's
Orgasm
Lots
Let's
Orgasm
Lots
OMG stop it lol.
by Yourbitchikim December 5, 2020
Get the Lolmug. by TooManyPunsForUsernames March 15, 2019
Get the lolmug. 
by Shiromillarethebest October 18, 2020
Get the LOLmug. 