lolbags 

a funnier way to say rather than the general 'lol'

Steff: "Is Dumbledore gay?"

Katie: "I think so. it's probably why he likes Harry so much!"

Steff: "lolbags!!"

lolbags by Fia bbz February 9, 2009

Lolbasaur 

A variation on 'Lol' (laugh out loud) used predominantly by Hipsters, Scene and Indie kids to show individualit and rebellion when Loling :)

SCENE KID 1: ZOMG Rawrrrr means I love you in dinosaur :3
SCENE KID 2: Lolbasaur I <3 dinosaurs :3

Lolbasaur by nomnomnomBLEUGH October 21, 2010

lolbag 

To be teabagged on an online video game whilst the person or persons teabagging say 'lol'

Oh im gonna teabag him good,

LOLOLOLOLOLOLOL LOLBAG

lolbag by Deccy boy April 19, 2008