Slang for a type of raucous laughter in which the balls jiggle uncontrollably. Can be experienced by a woman if her breasts (i.e. female balls) also jiggle uncontrollably.
(i)A mixture between 'Hilarious' and 'Lol' (ii) Most commonly used to describe something that is too funny to just be 'hilarious' or 'lol'
(i)John: OMG, did you just see that nigga get capped
Dan: Yeah, t'was hilarilol
(ii)John: Dan, are you going to finish your business coursework?
Dan: Nahhh, watching Brad get screamed at is just too hilarilol