MegaLOL
If somebody takes the piss out of someone who is in your conversation (e.g. email or msn) and you find it funny, you may want to say "Megalol". This is particularly applicable when the comments made are awkward, or you know they won’t like what was said but still find it funny anyway.
Bloke 1: Yeah well maybe if you got a job and stopped playing World of warcraft you’d get a girlfriend…
Bloke 2: (silence)
Bloke 3: “MegaLOL”
Bloke 2: (silence)
Bloke 3: “MegaLOL”
megalol
One thousand lols
Guy 1: ...and she says, "that IS my foot!"
Guy 2: Megalol!
Guy 2: Megalol!