Originally meant to mean "laughing out loud", it's now become what your side hoe or main will say when you try to be funny but she doesn't find it that way. It can be taken as an insult, as it means you're not funny enough for an emoji or a long "haha". Can also inexplicitly mean to try harder with your jokes.
Her: I had a hot dog for lunch
You: Did it come with a side of obesity?
Her: Lol
Her to her friend: At least he tries....
You: Did it come with a side of obesity?
Her: Lol
Her to her friend: At least he tries....
by DoubleDreDog February 29, 2016
Get the Lolmug. by Windowsarecoll December 5, 2018
Get the Lolmug. 
A phrase used to represent laughter, standing for Laughing out loud. People who use this often are not laughing out loud and didn’t find what you said funny or just can’t make conversation.
by Doodoodoodooo May 12, 2021
Get the Lolmug. by Teruko September 4, 2016
Get the Lolmug. by OofBanana November 4, 2020
Get the Lolmug. by Slicer real October 27, 2021
Get the Lolmug.