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1.A short way of saying, "Haha dude you got owned!"

2.Something said when one is speechless.
1. Friend: "I was walking down the street and I stepped on dog poop"
You:"LOL GG."

2. Friend: "why do you have a picture of a naked guy on your shirt?
You:"lol gg."
by sAviOr[gm] August 23, 2008
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