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Used to express overwhelming excitement, pleasure or attraction.
Ex. 1:
"dude, check out that bentley!"
"omfgasm!"

Ex. 2:
"i saw her naked ahah ahahahah hahha hot. hot hot hot hot hto hothtohtoh okay she was in her underwear but still omfgasm"
Omfgasm by Katrinioso May 10, 2009
Related Words
An American comedy short about sex and yoga. Actress/dancer Alexandra Fulton starred in her directorial debut film which runs about 5 minutes and 37 seconds. It premiered at the Cannes Film Festival in France at the Short Film Corner on May 21th, 2008.

Fulton plays Daisy, a skeptical woman who slides into a colorful erotic fantasy about her handsome yoga teacher David, played by Adam Pena.

The name blends "Om," the most sacred symbol in the Hindu, Jain, Buddhist and Discordian religions, with the word "orgasm." It's also a reference to tantric sex.
Man, watching OMgasm gave me an Omgasm!
OMgasm by Miley Spears January 19, 2009
Operation Mindfuck: Golden Apple Seed Mission. Using jakes, random acts of weirdness, completely unexpected actions and bizarre practical jokes to blow minds. A holy Discordian mission.

Includes Abbygasm, Bookgasm, Colbertgasm, Erister Egg Hunt or EggGASM, Litgasm, Mileygasm, and more including Gasm Gasm.

Also what a Discordian American Princess has when she successfully completes such a mission and climaxes.
Oh My Goddess! I just Jaked our principal and OMG OMG OMG OMGASM!
Omgasm by Lord Tolstoy January 20, 2009
when you say "omg" 5 or more times within a matter of minutes
Bill: omg omg omg omg omg omg omg

later that day

Bob: did you see Bill having an omggasm earlier?
OMGgasm by The_wtf December 17, 2008
An omgasm is when someone goes OMGOGMOGMOMGOGMOMGOMGOMGOMGOGMOGMOGM on the Internet. Commonly used by retarded 8th graders who think they know how to use the Internet, but really just found a keyboard on the ground and started hitting it.
OGMOMGOMGOMGOGMOGMOMG SHUT UP LOL
omgasm by Alex Wilson August 24, 2005

omfgasexscene -.- 

The awkward moment when you're watching a movie with your rents and a quiet graphicmsex scene come on. You automatically sink into your chair, blush and hope to god your parents dont say anything... In most cases you find a stupid excuse to leave room.
*Watching a great movie then suddenly a sex scene appears whilst your rent are in the room*
*you say under your breath omfgasexscene -.- while pulling an awkward face*' -.- '