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lolapalooza 

the act of cutting a large / small (depending on male) hole in the base of a popcorn bag / box. Male inserts cock into hole, covers with popcorn and leaves it as a surprise for unsuspecting hot female, if done properly resulting in sex.
"Dude i lolapalooza'd that chick last night she loved it"
"Dude while lolapaloozing buttered popcorn is not a good idea :("
lolapalooza by Ben Dover31 February 29, 2008
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lolapalooza 

1.an act of 'laughing out loud' with a group of friends while soaking each other's awesomeness

2.an awesome alternative to the overused 'LOL'
We lolapalooza'd when that gotti wannabe's ass is pawned.
lolapalooza by Awesome K-Bot February 24, 2008

lolapalooza 

to have a extreme laughter party while on xbox live and or PSN
YAY!we pwning teh n00bs l3ts h@s a lolapalooza!!
lolapalooza by jewmangroup13146 March 6, 2009

lollapalooza 

A tour that Nirvana was supposed to headline in 1994. I think we all know how that played out.
Kurt Cobain's death cast a dark shadow over Lollapalooza 1994.

Lollapalooza 

An annual music festival which was established by Jane's Addiction's Perry Farrell. Ran annually from 1991-1997, restarted in 2003, restarted again in 2005-present. Used to showcase many bands of the rock/metal/alternative/indie genres, and even featured some rap artists. In its earlier years, (91-97) its success was helped by many famous and enjoyed bands at the time, such as (but not limited to) Soundgarden, Primus, RHCP, Metallica, Korn, Tool, Green Day, Audioslave and Sonic Youth.

In recent years, it has lost popularity most likely blamed on unheard artists or Guitar Hero competitions onstage. As of 2010, Lollapalooza will most likely be known as 'cool' by the pop culture, thanks to Lady Gaga crowd surfing nearly naked. I, like many fans of the genres mentioned above will continue to enjoy Lollapalooza, but not without losing respect for the festival. This decline in respect will most likely be blamed on mainstream pop artists joining future lineups for the festival, following Lady Gaga's spectacle.
Guy: Dude! You wanna go to Lollapalooza with me?

Dude: Nah man, that place is garbage now.

lolzapalooza 

1.A word used in responce to a bad joke or pun.

Symbolizes sarcasm.

2.Breaks awkward silences very successfully.
bkycamher1991: Hey man listen to this funny joke I made.
RedGun6: ok.
bkycamher1991: One day this blonde went to a tv store and was like "Hey...can i have that blue tv there...the one with the blueish tint"
Then the clerk goes "No you may not...thats a microwave"
Redgun6: Dude...you didnt make that up...you simply butchered a good joke and made it terrible.
bkycamher1991: ...not even a courtesy 'lol'?
RedGun6: lolzapalooza

2.{Awkward silence after someone reveals a very dark secret}
"...lolzapalooza"
lolzapalooza by Youth66 February 12, 2006

lollapalooza 

Jane's Addiction frontman Perry Farrell introduced most of us to the word "lollapalooza" -- a slang term meaning "something or someone striking or unusual."
that is so lollapalooza.
lollapalooza by amy lin July 7, 2005
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