used to descripe that you are laughting real hard. No one knows when Sephirotgal started to use it, but we fear she got it from ragnarok online. Anyway, dont put me down for making up things, it is actually used.
A combination of FML (Fuck My Life) and LMAO (Laughing My Ass Off), to be used when your life is shit, but somehow you find it funny even though it sucks .