"Lolz" has two meanings. the first meaning is another way of saying "lol"

but the second meaning is the mostly used abbreviation which is "loving orange Latino zebras"
Example one

Guy: ow I just stood on Lego!!!
Guy 2: lolz u idiot

Example two
Guy: lolz
Guy 2: who dosnt?
by obsideonandroid April 25, 2013
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1) laughing then falling asleep
2) laughing so hard that you fall asleep
1) ahhahaha zzzz
2) ahhah lolz
by crazywierdo September 26, 2011
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a lot of people use this form to make fun of people who use lol. This is because LOL is so lammmee. HAHA. lol is so old and lolz is the new way to make fun of them who use it! AND no it's not lols. that is just mad stupid.
friend: did you see that girl pee her pants
friend 2: ohh yesss lolz
by SEX lexx3 69 November 3, 2010
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lolz can be used as a noun to describe a good time or a humorous event, it can substitute laughs, jokes, giggles, goodtimes, etc.
"We were only joking for some lolz." or "That fat kid fell over and couldn't get back up. We had so many lolz." or "They were just fishing for lolz."
by afarensis February 1, 2008
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The mexican way to write "lol" if ur trying to fit in wit the ppl around u or want to sound cool on a message or comment then u would write "lolz". This is an incorrect use! U DO NOT "LAUGH OUT LOUDZ" u sound stupid sayin this! SO NEVER "LOLZ"!!!!!
Text 1: man I busted my shyt today slipping down the stairs. Text 2: lolz damn. Text 3: stop! Don't ever lolz stupid!
by wtff man January 5, 2009
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