Lawlz
Lawlz definition by Slang.net - The Slang Dictionary
This page explains what the slang term "Lawlz" means. The definition, example, and related terms listed above have been manually compiled and written by the Slang.net team.
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Lawlz is a kewl variant of LOL, with a more specific meaning. Unlike LOL, lawlz usually represents just a few hearty laughs, instead of several smaller chuckles.
So, it's appropriate to send lawlz when a joke, meme, or other funny message you received made you laugh real hard just once. Yes, lawlz takes a little longer to type than LOL. But a) it looks way cooler and b) sometimes the extra specificity is worth it.