What is Running Of The Lols?
1.
Intense hilarity that tramples you down (like a pack of raging Spanish bulls) with laughter.
While I was in Pamplona watching the Running of the Bulls from a high story balcony, I was participating in the Running of the LOLs, laughing my ass off as I watched a bunch of drunks and morons get run over and gored by the bulls!
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7.
(v.i.) Out to lunch; not having it together; acting in a stupid way. Typically derogatory.
Derivation: ..