lawlsauce

1) A sauce-like product created from too much laughter.

2) An overexaggerated version of 'lol', usually used by nubs or by people mocking nubs.

Subject A: "...And then he shat himself!"
Subject B: "Dude, I'm laughing so hard I made lawlsauce!"
Subject A: "...Ew?"

Gamer A (Nub): "Lawlsauce! That was great, we like owned his shiznit! Or whatever."
Gamer B: "Yeah...ok. Not really."

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Lawlsauce

Having created so much laughter, a bottle of "lawlsauce" is spawned.

Such a term is used when there is extreme laughter with or at someone.

WOULD YOU LIKE SOME LAWLSAUCE WITH THAT OWNAGE?

or

Hang on, I need to get a bottle of lawlsauce.

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