Green’s Dictionary of Slang

lolly n.5

1. (N.Z. drugs/prison) a pill, thus lolly-eater, a heavy consumer of pills.

[NZ]D. Looser Boobslang [U. Canterbury D.Phil. thesis] 109/2: lolly n. 1 a pill similarity in appearance between some small sweets and some pills [...] 110/1: lolly eater n. a person who takes a lot of pills.

2. (N.Z. drugs/prison) a firearm.

[NZ]D. Looser Boobslang [U. Canterbury D.Phil. thesis] 109/2: lolly n. 2 a firearm.

3. (N.Z. drugs/prison) a paedophile.

[NZ]D. Looser Boobslang [U. Canterbury D.Phil. thesis] 109/2: lolly n. 3 a paedophile. [from the idea that child molesters entice children with lollies (sweets).].

4. (N.Z. drugs/prison) a cigarette filter.

[NZ]D. Looser Boobslang [U. Canterbury D.Phil. thesis] 109/2: lolly n. 4 a cigarette filter.

5. see also under lollipop.