to laugh after a joke (for example) is told. possibly due to the fact that the joke or laugh when it was told or happened, but to look back and laugh at (and understand) it later.
"Google it. That'll be a great later laugh." -Sarah Silverman, 2007 MTV Movie Awards
People will laugh and have fun while u are on ur grind making money and when that shit prevails ur rich and they are broke after they had temporary fun . WHOS CRYIN NOW
“Yo bro ur broke asf not going to any party’s”
Me: “laugh now cry later “
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.