The autocorrected form of lmao when too many o's are added. Can be used as the new and improved form of lmao, meaning laughing all my pretty objects off now.
When someone shoots for goal in football (soccer) with incredible power from outside the 18-yard box, it is said that the player has 'lampooned' a shot.
Thought to have derived from Frank Lampard Jnr., a midfield player for Chelsea well known for his long range shooting prowess.