Green’s Dictionary of Slang

-ola sfx

[the original use is in pianola (1901), although in that context it worked as a diminutive. It was greatly popularized in the payola scandals in the US pop music industry during the late 1950s, although payola itself had been a recognized part of the business for 20 years]

[1910s+] (US) combined with a n. and used as an intensifier of that n., e.g. boffola n.; cashola n.; crackola n.; drugola n.; hopola n.; noisola n.; payola n.; schnozzola n.; stackola n.; latterly also used of adjs.

see Amer. Speech (1961) XXXVI. 104-116.