1. (adj.) having little or no money, goods, or other means of support.2. (noun) one who is lolpoor.From LOL + poor, on the notion that poor people are pathetic and absurd, inducing a reaction of laughter in the well-off observer
Jack was too lolpoor to afford an engagement ring worthy of Jane, so he mortgaged his house.
Judging by the size of the diamond in her engagement ring, Jane was dismayed to learn that she was being courted by a lolpoor.