Beyond "Lol" beyond "Lols" even past "Lulz" is LOLZORAMA! This word is meant to be a snotty retort to some newb retard type person telling you how funny something is! It is usually said sarcastically with a scrunched up face.
Steve says:"Hey lets watch Ace Ventura Pet Detective for the Nth time, that movie is so damn funny!

Brenna says: "sure Steve, Lolzorama!"
by schmoopiesman March 22, 2016
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