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This is a compound word, composed of acronyms FML (Fuck my life) and LOL (laugh out loud). This term is used to express the utter retardedness of one's life, when not even FML will suffice in conveying how terrible it is. This is to say, one's life sucks so bad the only thing left to do is just to laugh hysterically at the pure ridiculousness and hopelessness of the situation.
College student cramming for final exams: Dude, it's already midnight and I have to write a 6 page paper by tomorrow morning and I also have a test in orgo that I haven't even started studying for, and I have to get at least an 80 to pass or my parents are gonna cut me off! FMLOL
FMLOL by baby monroe stl April 23, 2009
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f*** my lack of a life

-used to describe an fml that isn't really fml-material. Its just the person's lack of a life, which they think "f*** their life" but its really just sad. It can also be slightly funny to the reader but it's really just sad.
On FML (made up)
"today, I realized that my best friend in the world is my cat. FML"

Reader: "That's so not FML, that FMLOL"
fmlol by Alyssialui June 8, 2009
Related Words
FMLOL FLOL flollop flolo Filolaos flola floless FMLL FMOL falol
A Game often defined as Football golf and or Floater Golf, as presented by Neil Diamond.
Ben:"Hey Barnes did you see the Flolf last night?"
Barnes:"Yes."
Ben:"Braddaz"
flolf by Q4J April 26, 2014
1. something more than awesome. It is the best thing ever.

2. The act of putting paper down someone's shirt.
Pandas are the most falolo animals.

Watch out because I am going to falolo you when you're least expecting it.
When you're sick and it's worse than a common cold, but not quite as bad as having the flu.
Man, I have the flold. My nose is stuffy, I feel like crap and I can't get off the couch, but I have an appetite and no fever.
Flold by CrazieKC February 23, 2010
Some 15yo schizo who thinks he knows everything
Person 1: Hey do you know Flolo?
Person 2: Yeah he's that idiot who spams his rants on Omegle.
An action only performable by live matresses living in the swamps of the planet Sqornshellous Zeta.
"The matress flolloped around in a sympathetic manner."
flollop by Chainsaw Dudley March 31, 2003