1. (adj.) having little or no money, goods, or other means of support.
2. (noun) one who is lolpoor.
From LOL + poor, on the notion that poor people are
pathetic and absurd, inducing a reaction of
laughter in the well-off
observer
Jack was too lolpoor to afford an
engagement ring worthy of Jane, so he
mortgaged his house.
Judging by the size of the diamond in her
engagement ring, Jane was dismayed to learn that she was being courted by a lolpoor.