1 definition by Dicto Ergo Sum

Noun.

Plural for common e-abbreviation LOL: "I am laughing out loud" ("Laughs" that I have made/am making out-loud).

Thus LULZ is "Multiple laughs, had out-loud". (I am having/have had) Laughs (made) Out-Loud".

Used in the precisely the same sense of the noun "laughs" as plural of a single laugh.

This is as opposed to the second/third person singular of the verb "to laugh" (i.e. "you/he/she/it laughs).
As with "We did it for the laughs (out loud).": "We did it for the LULZ."

Or "I went on the Tea Party website for (the) LULZ."

Note that placing the article "the" in front of LULZ is optional.
by Dicto Ergo Sum February 15, 2011
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