A combination of lol and ok used together (often because the realization is obvious.) or because you're taking immediate action on the reply - or expressing understanding. Variant is lolk which is more of an acknowledgement.
"I can't find my glasses"
"that's because they're on top of your head."
"lokl ;-)"

or

"He's gonna get play tonight!"
"why?"
"Cuz she's a dyson vacuum cleaner"
"lolk!"
ayon kay Ardechois ika-30 ng Nobyembre, 2008
It's a combination of the words lol and OK. It's most commonly used when someone says something silly/stupid that you don't agree with but it's not worth your time to correct them, but it also can be used simply as an acknowledgment.

AIM Conversation 1:

IluvGWB: Don't vote for Obama because he's a muslim and a terrorist

IheartDeucesCracked: LOKL
----------------------

AIM Conversation 2:

BigSlick12345: Phil Hellmuth is the greatest NL Hold'em player alive

netPokerPro123: lokl
----------------------

AIM Conversation 3:

PokerChuck123: omg amy winehouse is the nuts. She is so smokin' hot!!!111
Aaron1234: LOKL!
ayon kay WiltOnTilt ika-08 ng Nobyembre, 2008
South African derivation - "Laugh Out Kak Loud"
"Kak" = used to emphasis the laughter.
(South African)Person 1 - dude, he asked me if I have a lion as a pet.
(South African)Person 2 - lokl my bro!
ayon kay peabrain101 ika-12 ng Hunyo, 2007
Its a term That Plaknum from xboxlive says meaning LAUGHING OUT KICKING LOUD

Like your laughing so much that your leg is kicking.
After watching The Onion Movie I LOKL


Dude that joke made me LOKL

A term from lol
ayon kay LOKL fan ika-08 ng Abril, 2009
An abbreviaton for laugh out kangaroo loud.It was first a misspelling but shall start a revolution!! USE LOKL AND WE SHALL SOON RULE THE WORLD!!!
(usually used only by insane people in online chat rooms)
Bob:Wise man once said he who stands on toilet is high on pot.
Zeekeryarydoodopieman:Lokl im gonna drink some toilet water after getting high on pot!!!!
ayon kay Lord Lemming ika-09 ng Agosto, 2004

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