alternate way of expressing extreme laughter, to the extent where ones burca falls from ones head. Not enough for one to 'laugh ones ass off', but enough for a burca to fall.
Sarah - "Tacco Tacco BURRITO!!"
Roxy - "That's so funny LMBO!!"
When working around the bases with the woman of your dreams you slowly whisper lmbo in her ear.
Laugh my bowl off, in reference to Saint Dylann Storm Roof and his signature bowl cut.
I get a text or read something from a social network that is funny, I reply LMBO Laugh(ing) My Balls Off