When you break into someones house and they come home and you don't know what to say. Just say OMG OMG OMG LOLOLOLOLOLOLOLOLOLOLOL. Then repeat it. Then all is good and you might even have a girlfriend/boyfriend because your so cool.
lolololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololololol is fuckinghuge
Person 2: lololololololololololololololololololollololololololololololololololololololollololololololololololololololololololollololololololololololololololololololollololololololololololololololololololollololololololololololololololololololol
An incredibly long and slightly humorous way of accenting the acronym 'lol'. This is about the point where people start laughing out loud, or are just craving attention.