A term used by preppy white girls as a way of sounding cool, and having the advantage of saying it whenever to break the silence. It's a synonym for lol.
Hey oh my gosh did you see lela's outfit today?

LAWLZ yes! Who said that it was cool to were your fifth grade sisters shirt?

Hey you smell

LAWLZ I do!
by Lamelawlz January 23, 2011
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Evolution of LOL. Stands for Laughing as we laugh, zookeeper. Common word among the internets.
by rightsman256 February 08, 2008
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sort of like the phrase, ''peace love and happiness'' only for either REALLY COOL PEOPLE (sarcasm) that say things like omg, wtf, or lmfao in texts or outloud. outloud is ten times worse though. the other people that say this are those whose mission in life is to make fun of those people, who embaress themselves when they open their mouth.
-merry christmas! peace lawlz and happiness!
-bye, alex, see ya tomorrow! peace lawlz and happiness.
-i'm coming home now mom, don't worry!
okay honny, peace lawlz and happiness.
by grass-the-firecrotch November 09, 2010
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The 10 year old white kid version of (Own the Laughs)
Although that statment does not make any sence they think it does and we just go with it.
Law1 iz Pwn teh Lawlzzzzzzzzzzzzzz n00d i k177z yuo!!!

R i s0 fnnui i Pwn teh Lawlzz
by The One and Only One For You January 12, 2010
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It means LOL! It's just a fabulous way to spell LOL!
Person 1: Watch this awesome video of this kitten! It's so funny :D

Person 2: LAWLZZZ! Yes it is!
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