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Like many other "0r" words (like bitchz0r, or hax0r, or sux0rz), this has an unknown origin. But it can be traced back to "lolsaur".

If you are a true lamer, use it. If not, AVOID IT AT ANY COST, or people will start to think you're a moron.
Person1: something REALLY funny
Person2: OMG lolz0rrrr!!!!111
Person1: yaaaaaa bitchz0r die cuz i am teh hax0rz

Person1: kekeke
Person2: kekeke! lolz0r!!!11

Person1: Hi.
Person2: lolz0r
Person1: ?
Person2: lolzor!!
Person1: O.o
Person2: lolz0r!!!111 kekeke omg lolz0r!!!
lolz0r by Grunt January 24, 2006
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lolzorama 

Beyond "Lol" beyond "Lols" even past "Lulz" is LOLZORAMA! This word is meant to be a snotty retort to some newb retard type person telling you how funny something is! It is usually said sarcastically with a scrunched up face.
Steve says:"Hey lets watch Ace Ventura Pet Detective for the Nth time, that movie is so damn funny!

Brenna says: "sure Steve, Lolzorama!"
lolzorama by schmoopiesman July 14, 2016
Related Words
ur such a ledge m8 lolzor
lolzor by Dan Howells Twin July 25, 2015
1-To laugh so hard you are taken by a mysterious power back to the Dinosaur times.

2- the lengthend term for Lol'z
1-"wow look at those dinosaurs, what a lolzard!"
lolzard by Mat_11 July 4, 2008
Sarcastic; satirical way of taking the mick out of someone ((by adding it into your sentence)) who uses copious amounts of text talk and or who says frighteningly obvious things esp. on messageboards/chatrooms/msn. See ZOMG
gr8m872: OMFG!!!!! me n mi m8s wr at the cncrt lzt nite nd it ttlly r0cked. Wt a mint - brb!!! <3
Random person: ZOMFG!!!!!!1111oneoneoneeleven U went 2 c da show???? lolly lolzars BBQ!!
gr8m872: Stfu l0ser
Random person: O rly?
lolzars by Rebecca Rocker December 13, 2006

lolzersize 

When one laughs with enough force to induce sweat, tears, urine or physical pain.
Holy shit i just lolzersized so hard my pants are wet.
lolzersize by Zarbongliaboltsk October 28, 2010

lolzerland 

The land of lolzer where everyone lols all day long. This is the utopia of lol.
A: i wish i was in lolzerland
B: LOL
A: yay i am in lolzerland!!! lol.
B.LOLZER
A:Lolmao
lolzerland by vampireghost April 4, 2009